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Renminbi

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How Does China Manipulate Its Currency?

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Currency of the world - China. Chinese yuan Renminbi. Exchange rates China.Chinese banknotes

1:09

CHINA CURRENCY - THE RENMINBI OR YUAN

1:30

Will the renminbi ever really be a reserve currency?

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Shenzhen launches digital RMB pilot program

The renminbi is the official currency of the People's Republic of China. The yuan is the basic unit of the renminbi, but is also used to refer to the Chinese currency generally, especially in international contexts where "Chinese yuan" is widely used to refer to the renminbi. The distinction between the terms renminbi and yuan is similar to that between sterling and pound, which respectively refer to the British currency and its primary unit. One yuan is subdivided into 10 jiao, and a jiao in turn is subdivided into 10 fen. The renminbi is issued by the People's Bank of China, the monetary authority of China.
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  • Valuation 

  • Terminology 

  • History 

  • Transition to an equilibrium exchange rate 

  • Convertibility 

  • Digital Renminbi 

  • Issuance 

  • Coins 

  • Banknotes 

  • Commemorative issues of the renminbi 

  • Use in ethnic minority regions of China 

  • Production and minting 

  • Suggested future design 

  • Value 

  • Depegged from the U.S. dollar 

  • Managed float 

  • Futures market 

  • Purchasing power parity 

  • Internationalization 

  • International reserve currency 

  • Use as a currency outside mainland China