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What does RMB stand for?
Mar 23, 2007 23:37
  • WIZARD
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Just wondering what RMB
Mar 23, 2007 23:44
#1  
  • GRIZ326
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It means Chinese money to me....

Does this link help you?

http://en.wikipedia.org/wiki/Renminbi
Mar 23, 2007 23:52
#2  
  • WIZARD
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The reason I ask is at X-rate.com it offers the exchange for the Chinese Yuan but there is no mention of the RNB or Renminbi. By the way, do you know the approx rate?
Thanks
Mar 24, 2007 00:46
#3  
  • PEA28COCK
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RMB stands for Renmibi in Chinese Pinyin. CNY is another name for RMB, that is Chinese Yuan. It seems that CNY is more popular in international financial world.
Mar 24, 2007 11:24
#4  
  • LIONPOWER
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Yes , internationally follows CNY
Mar 24, 2007 12:26
#5  
  • APAULT
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In fact there are at least four terms, as well as those given above, there is the spoken 'kuai'. Also, renminbi means peopels' money
Mar 24, 2007 20:15
#6  
  • LOVETRIP
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the exchange rate now around 1USD:7.66RMB.
Apr 2, 2007 02:14
#7  
  • KSWONG
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Both RMB (renminbi, literally means people's money) and CNY (Chinese Yuan) refers to the same thing.
Apr 2, 2007 02:16
#8  
  • KSWONG
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It's like a Quid is a Pound in UK and a buck is a dollar in the US.
Apr 2, 2007 21:58
#9  
  • BETWEENUS21
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same thing rmb is the same as yuan.
Apr 2, 2007 22:46
#10  
  • CALIFORNIA
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RMB for REN MIN,haha:)
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