Renminbi | |
---|---|
人民币 (in Chinese) | |
ISO 4217 Code | CNY |
Official user(s) | People's Republic of China |
Unofficial user(s) | North Korea (until Nov 2009) Myanmar (in Kokang and Wa) Hong Kong Macau |
Inflation | 1.7%, October 2012 |
Source | BBC News |
Method | CPI |
Pegged with | Partially, to a basket of trade-weighted international currencies |
Subunit | |
1 | yuán (元,圆) |
1/10 | jiǎo (角) |
1/100 | fēn (分) |
Symbol | ¥ |
Nickname | none |
yuán (元,圆) | kuài (块) |
jiǎo (角) | máo (毛) |
Plural | The language(s) of this currency does not have a morphological plural distinction. |
Coins | |
Freq. used | ¥0.1, ¥0.5, ¥1 |
Rarely used | ¥0.01, ¥0.02, ¥0.05 |
Banknotes | |
Freq. used | ¥1, ¥5, ¥10, ¥20, ¥50, ¥100 |
Rarely used | ¥0.1, ¥0.2, ¥0.5, ¥2 |
Central bank | People's Bank of China |
Website | www.pbc.gov.cn |
The renminbi (RMB, ¥; code: CNY; also CN¥, 元 and CN元) is the currency of the People's Republic of China. It is the main currency used in mainland China. It is also sometimes accepted in Hong Kong and Macau, and can be easily exchanged in those territories. The currency is issued by the People's Bank of China, the monetary authority of China. Its name means "people's currency" (simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin: rénmínbì).