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renminbi

American  
[ren-min-bee] / ˈrɛnˈmɪnˈbi /

noun

plural

renminbi
  1. the currency of the People's Republic of China, the basic unit of which is the yuan.


renminbi British  
/ ˌrɛnˌmɪnˈbiː /

noun

  1. another name for the Chinese yuan

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Etymology

Origin of renminbi

1955–60; < Chinese rénmínbi, equivalent to rénmín people + currency

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

That’s one way to say, over to you now policymakers, over to you people from the corporate world, you don’t necessarily have to invoice in renminbi or in dollars or in rupees.

From The Wall Street Journal

The volume of dollars held in reserve by central banks is decreasing a little bit, and it’s not to the benefit of the renminbi, which is pretty stagnant; it’s more other currencies like the yen, the Swiss franc, and the pound.

From The Wall Street Journal

Last month’s uptick came as China’s central bank recently signaled its tolerance for a stronger yuan amid criticism that Beijing is intentionally devaluing the Chinese currency, also known as renminbi, to boost exports.

From The Wall Street Journal

Most people who talk about alternative currencies are referring to alternative fiat currencies, like the euro, yen, and renminbi.

From Barron's

Most people who talk about alternative currencies are referring to alternative fiat currencies, like the euro, yen, and renminbi.

From Barron's