Matches in DBpedia 2016-04 for { <http://dbpedia.org/resource/Renminbi> ?p ?o }
- Renminbi abstract "The renminbi is the official currency of the People's Republic of China. The name (simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin: rénmínbì) literally means \"people's currency\". The yuan (Chinese: 元/圆; pinyin: yuán) (sign: ¥) is the basic unit of the renminbi, but is also used to refer to the Chinese currency generally, especially in international contexts. The distinction between the terms renminbi and yuan is similar to that between sterling and pound, which respectively refer to the British currency and its primary unit. One yuan is subdivided into 10 jiao (Chinese: 角; pinyin: jiǎo), and a jiao in turn is subdivided into 10 fen (Chinese: 分; pinyin: fēn).The ISO code for renminbi (which may also be used for the yuan) is CNY (an abbreviation for \"Chinese yuan\"), or also CNH when traded in off-shore markets such as Hong Kong. The currency is often abbreviated RMB, or indicated by the yuan sign ¥. The latter may be written CN¥ to distinguish it from other currencies with the same symbol (such as the Japanese yen). In Chinese texts the currency may also be indicated with the Chinese character for the yuan, 圆 (or 元 informally). The renminbi is legal tender in mainland China, but not in Hong Kong or Macau. Renminbi is sometimes accepted in Hong Kong and Macau, and are easily exchanged in the two territories, with banks in Hong Kong allowing people to maintain accounts in RMB. The currency is issued by the People's Bank of China, the monetary authority of China.Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its historical transition from central planning to a market economy, and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its purchasing power parity (see below). More recently, however, appreciation actions by the Chinese government, as well as quantitative easing measures taken by the Federal Reserve and other major central banks, have caused the renminbi to be within as little as 8% of its equilibrium value by the second half of 2012. Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies. The Chinese government has announced that it will gradually increase the flexibility of the exchange rate. As a result of the rapid internationalization of the renminbi, it became the world's 8th most traded currency in 2013, and 5th in 2015. The yuan will be included in the basket of currencies used by the IMF (reserve currency) in 2016.".
- Renminbi usingCountry China.
- Renminbi usingCountry Zimbabwe.
- Renminbi wikiPageExternalLink 10413076.
- Renminbi wikiPageExternalLink business-20263978.
- Renminbi wikiPageExternalLink diw_wr_2010-30.pdf.
- Renminbi wikiPageExternalLink www.pbc.gov.cn.
- Renminbi wikiPageExternalLink www.rmbhandbook.com.
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- Renminbi wikiPageWikiLink 1997_Asian_financial_crisis.
- Renminbi wikiPageWikiLink 2008_Summer_Olympics.
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- Renminbi wikiPageWikiLink Central_Bank_of_Chile.
- Renminbi wikiPageWikiLink Central_Bank_of_Venezuela.
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- Renminbi wikiPageWikiLink Chinese_Civil_War.
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- Renminbi wikiPageWikiLink Consumer_price_index.
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- Renminbi wikiPageWikiLink Cupronickel.
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- Renminbi wikiPageWikiLink Currency_symbol.
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- Renminbi wikiPageWikiLink Deng_Xiaoping.
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- Renminbi wikiPageWikiLink File:RMB10_PBOC_languages.JPG.
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- Renminbi wikiPageWikiLink Fixed_exchange-rate_system.
- Renminbi wikiPageWikiLink Floating_exchange_rate.
- Renminbi wikiPageWikiLink Foreign_exchange_certificate.
- Renminbi wikiPageWikiLink Foreign_exchange_market.
- Renminbi wikiPageWikiLink Fourth_series_of_the_renminbi.
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- Renminbi wikiPageWikiLink Geary–Khamis_dollar.
- Renminbi wikiPageWikiLink Great_Wall_of_China.
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- Renminbi wikiPageWikiLink Hyperinflation.
- Renminbi wikiPageWikiLink ISO_4217.
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- Renminbi wikiPageWikiLink Inner_Mongolia.
- Renminbi wikiPageWikiLink International_Monetary_Fund.
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- Renminbi wikiPageWikiLink Japan.
- Renminbi wikiPageWikiLink Japanese_yen.
- Renminbi wikiPageWikiLink Jiao_(currency).
- Renminbi wikiPageWikiLink Kinmen.
- Renminbi wikiPageWikiLink Kokang.