renminbi
SayREN-min-bee/ˈɹɛn.mɪn.bi/
- 1The official money of China. Its main unit is the yuan.
Like the dollar in the United States or the euro in Europe: it is the money the whole country uses.
The small shop in Beijing only accepted renminbi, not dollars.
She exchanged her dollars for renminbi at the airport before her trip.
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Origin
From Chinese 人民幣 (rénmínbì), meaning "people's currency."