This article is written like a personal reflection, personal essay, or argumentative essay that states a Wikipedia editor's personal feelings or presents an original argument about a topic. Please help improve it by rewriting it in an encyclopedic style.(November 2013) (Learn how and when to remove this message)
Renminbi (yuan) for each dollar (USD) since 1981. Higher values mean a weaker renminbi
Renminbi currency value is a debate affecting the Chinese currency unit, the renminbi (Chinese: 人民币 Code:CNY). The renminbi is classified as a fixed exchange rate currency "with reference to a basket of currencies",[1] which has drawn attention from nations which have freely floated currency and has become a source of trade friction with Western nations.[2]
^"US House passes China Currency Sanctions Bill". BBC. September 29, 2010. Retrieved April 15, 2011.
^Simon Kennedy; Eunkyung Seo (October 24, 2010). "G-20 Pledges to Avoid Devaluations in Push to Defuse Global Trade Tensions". BLOOMBERG L.P. Retrieved October 26, 2010.
and 29 Related for: Renminbi currency value information
Renminbicurrencyvalue is a debate affecting the Chinese currency unit, the renminbi (Chinese: 人民币 Code:CNY). The renminbi is classified as a fixed exchange...
The renminbi (Chinese: 人民币; pinyin: Rénmínbì; lit. 'People's Currency'; symbol: ¥; ISO code: CNY; abbreviation: RMB) is the official currency of the People's...
Digital renminbi (Chinese: 数字人民币; also abbreviated as digital RMB and e-CNY), or Digital Currency Electronic Payment (DCEP, Chinese: 数字货币电子支付; pinyin:...
Together with those three currencies and Renminbi, it forms the basket of currencies which calculate the value of IMF special drawing rights. As of late...
Republic of China (PRC) has sought to internationalize its official currency, the Renminbi (RMB). RMB internationalization accelerated in 2009 when China established...
value. The concept of a digital currency has arisen in recent years. Whether government-backed digital notes and coins (such as the digital renminbi in...
example, the exchange rate of the renminbi of the mainland of the People's Republic of China has been based upon a currency band; the European Economic Community's...
on the Currency Composition of Foreign Exchange Reserves Including Holdings in Renminbi". Imf.org. Retrieved 10 July 2018. "IMF Data - Currency Composition...
Korean won, and renminbi) Panama (since 1904; also uses its own coins): 6 Somalia (alongside the Somali shilling) Uruguay (the main currency is the Uruguayan...
dollar, renminbi, sterling and the Swiss franc have been assigned codes which do not closely resemble abbreviations of the official currency names. In...
joined by the world's other major currencies – the euro, pound sterling, Japanese yen and Chinese renminbi – in the currency basket of the special drawing...
digital files or even on a stored-value card. Digital currencies exhibit properties similar to traditional currencies, but generally do not have a classical...
Tencent's QQ coins are a virtual form of currency that has gained wide circulation. QQ coins can be bought for Renminbi and used to buy virtual products and...
monetary policy, a devaluation is an official lowering of the value of a country's currency within a fixed exchange-rate system, in which a monetary authority...
the chief denomination of currency in China until the introduction of the yuan. Currently, the renminbi is the official currency of the People's Republic...
27, 2022. "IMF Launches New SDR Basket Including Chinese Renminbi, Determines New Currency Amounts". IMF. September 30, 2016. Archived from the original...
Anand (April 2010). "Internationalisation of currency: the case of the Indian rupee and Chinese renminbi" (PDF). RBI Staff Studies. Department of Economic...
macroeconomics, hard currency, safe-haven currency, or strong currency is any globally traded currency that serves as a reliable and stable store of value. Factors...
dollar is the sixth-most held reserve currency in the world, behind the U.S. dollar, euro, yen, sterling, and renminbi. The Canadian dollar is popular with...
currencies are always traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by...
The monetary policy of China aims to keep the value of the Renminbi, the official currency of the People's Republic of China, stable and contribute to...
The fifth series of the renminbi is the current coin and banknote series of the Chinese currency, the renminbi. They were progressively introduced since...
keeping the same gold value. From 9 July 1973 to 4 March 1985 the dollar's value was determined from a trade-weighted basket of currencies. On 4 March 1985...
the Euro, the currency's has also seen some recovery of value to pre-late 2016 levels against other major currencies, including the renminbi, British pound...
The exchange rate is also regarded as the value of one country's currency in relation to another currency. For example, an interbank exchange rate of...
province's GDP is listed in both the national currencyrenminbi (CN¥), and at nominal U.S. dollar values according to annual average exchange rates. 670...
New Currency Amounts for SDR Valuation Basket". IMF. December 30, 2010. Retrieved 2023-08-10. "IMF Launches New SDR Basket Including Chinese Renminbi, Determines...
to renminbi. However, in January 2016, the volatility in the Renminbi and China's financial markets expanded to Hong Kong's markets and its currency. Renminbi...
from other dollar-denominated currencies; and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia...
Global Information
