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yuan

noun

plural yuan
1
the basic monetary unit of the People's Republic of China see Money Table compare renminbi
2
: the dollar of the Republic of China (Taiwan)

Example Sentences

Recent Examples on the Web China is also working with other central banks to make a digital version of its yuan acceptable in other countries. James T. Areddy, WSJ, 3 May 2022 The yuan has declined for the past five months as of the end of July—its longest losing streak since October 2018. Julia-ambra Verlaine, WSJ, 5 Aug. 2022 For workers who have to take a test every 48 hours, that adds up to 300 yuan a month, eating into the average Chinese monthly salary of 8,903 yuan, according to government data (link in Chinese). Tiffany Ap, Quartz, 9 June 2022 On the forex market, the Chinese yuan also declined against the US dollar, hitting the lowest level in one and a half years. Laura He, CNN, 6 May 2022 Chinese citizens are only allowed to exchange $50,000 worth of Chinese yuan into foreign currencies every year. Yvonne Lau, Fortune, 21 July 2022 The company, usually reluctant to alter pricing, will take up to 600 yuan ($89) off the price of its top-line iPhone 13 Proseries between July 29 and Aug. 1, according to a notice on its website. BostonGlobe.com, 25 July 2022 Short-sellers who stepped forward to bet against Chinese government debt or the yuan over the last dozen years ended up closing those trades. William Pesek, Forbes, 18 July 2022 That moment has been anticipated for decades, with the euro and the yuan put forward as potential successors to the dollar. Tim Fernholz, Quartz, 11 Apr. 2022 See More

Word History

Etymology

Chinese (Beijing) yuán

First Known Use

1917, in the meaning defined at sense 1

Time Traveler
The first known use of yuan was in 1917

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