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- As noted above, the term yuan refers to a single unit of the currency while the term renminbi refers to the actual name of the currency itself. The yuan is abbreviated as CNY while the renminbi is abbreviated as RMB.www.investopedia.com/terms/forex/c/cny-china-yuan-renminbi.asp
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WEBAug 19, 2015 · There is essentially no difference. The renminbi is the official currency of the People’s Republic of China, and translates to “people’s money.” Its international symbol is CNY (or CNH in Hong...
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Yuan (currency) - Wikipedia
WEBCurrent usage. Today, the term "Yuan" usually refers to the primary unit of account of the renminbi (RMB), the currency of the People's Republic of China. [1] . RMB banknotes start at one Yuan and go up to 100 Yuan.
What is the difference between Yuan and Renminbi?
WEB8 May 2020 by Tejvan Pettinger. The Renminbi (RMB) is the name of the Chinese Currency. Renminbi roughly translates as ‘people’s currency’. The Yuan refers to its unit of account. So for example, we might use the …
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A Brief History of the Chinese Yuan Currency
WEBUpdated on March 01, 2019. Literally translated as "the people's currency" the renminbi (RMB) has been the currency of China for over 50 years. It is also known as the Chinese yuan (CNY) and by the symbol '¥'. For …
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