# renminbi

Pronunciation: say "REN-min-bee" /ˈɹɛn.mɪn.bi/

## Noun

1. The national currency of the People's Republic of China, whose basic unit is the yuan.
   - Simple: The official money of China. Its main unit is the yuan.
   - _The central bank intervened to keep the renminbi stable against the dollar._
   - _More Chinese exporters are pricing their contracts in renminbi instead of dollars._

## Origin

From the Hanyu Pinyin romanization of Mandarin 人民幣／人民币 (rénmínbì), meaning "people's currency."

Source: DictionaryAI, https://dictionaryai.com/define/renminbi (written from Wiktionary data, CC BY-SA 4.0: https://creativecommons.org/licenses/by-sa/4.0/).