Tag Archives: renminbi
Money Talks (in Chinese) Posted by sasha on Aug 13, 2015
There’s been a lot of talk about China’s currency – the RMB (renminbi) – in the past few days, as the People’s Bank of China allowed it to depreciate by 2% against the dollar. Do a brief search, and you’ll find tons of articles from financial publications all around the world speculating on the reasons…
Chinese Currency Posted by sasha on Mar 6, 2013
In China, the official name for currency is RMB (人民币 – rén mín bì), meaning “the people’s currency.” However, in daily dealings it is often referred to as yuan (元 – yuán) or the slang term kuai (块 – kuài), kind of like how we say “bucks” in the US sometimes. While American dollars (美元 – měi yuán) feature various notable figures on…
Stackin’ that Kuai! Posted by sasha on Jun 16, 2011
In China, the official name for currency is RMB (人民币 – rén mín bì), meaning “the people’s currency.” However, in daily dealings it is often referred to as yuan (元 – yuán) or the slang term kuai (块 – kuài), kind of like how we say “bucks” in the US sometimes. While American dollars…