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renminbi
plural noun
ren·min·bi ˈren-ˈmin-ˈbē 
variants or Renminbi
: the official currency of the People's Republic of China consisting of yuan
Example Sentences
Recent Examples on the Web The yuan — also known as the renminbi — lost about 0.5% against the dollar on Monday in offshore trading outside mainland China. 
Laura He, CNN, 29 Aug. 2022 The latest selloff in the yuan, also known as the renminbi, was partly a result of the U.S. dollar’s continued march higher. Matthew Thomas, WSJ, 23 Aug. 2022 But if reserve currency status were exclusively or predominantly a matter of economic size the Chinese renminbi would have a much bigger share of global reserves. Paul Swartz, Fortune, 7 Oct. 2021 This year alone, the dollar is up 15% against the Japanese yen, 10% against the British pound, and 5% compared to China’s renminbi. Will Daniel, Fortune, 23 July 2022 Another posted four bags of products with items such as an Ostrich Mini Kelly worth roughly 100,000 renminbi, or $14,885. Demetrius Simms, Robb Report, 15 July 2022 The renminbi cannot save Russia’s own currency, the ruble. New York Times, 11 Mar. 2022 That in turn would pressure the yuan, also known as the renminbi. Quentin Webb, WSJ, 22 May 2022 The euro, a frenemy currency, only accounted for around 20 percent of global foreign exchange reserves in early 2020, and the renminbi could only manage 2 percent. Andrew Stuttaford, National Review, 19 Mar. 2022 See More
Laura He, CNN, 29 Aug. 2022 The latest selloff in the yuan, also known as the renminbi, was partly a result of the U.S. dollar’s continued march higher. Matthew Thomas, WSJ, 23 Aug. 2022 But if reserve currency status were exclusively or predominantly a matter of economic size the Chinese renminbi would have a much bigger share of global reserves. Paul Swartz, Fortune, 7 Oct. 2021 This year alone, the dollar is up 15% against the Japanese yen, 10% against the British pound, and 5% compared to China’s renminbi. Will Daniel, Fortune, 23 July 2022 Another posted four bags of products with items such as an Ostrich Mini Kelly worth roughly 100,000 renminbi, or $14,885. Demetrius Simms, Robb Report, 15 July 2022 The renminbi cannot save Russia’s own currency, the ruble. New York Times, 11 Mar. 2022 That in turn would pressure the yuan, also known as the renminbi. Quentin Webb, WSJ, 22 May 2022 The euro, a frenemy currency, only accounted for around 20 percent of global foreign exchange reserves in early 2020, and the renminbi could only manage 2 percent. Andrew Stuttaford, National Review, 19 Mar. 2022 See More Word History
Etymology
Chinese (Beijing) rénmínbì, from rénmín people + bì currency
First Known Use
1957, in the meaning defined above
Time Traveler
The first known use of renminbi was in 1957 See also: renminbi
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