Question

What is the name of the currency used in China?

Answer 1

The currency used in China is the Chinese yuan (CNY), also known as the renminbi (RMB).

The official currency of the People's Republic of China is the Chinese yuan, also known as renminbi. It is denoted by the symbol "¥" and is subdivided into 10 jiao or 100 fen. Banknotes come in denominations of 1, 5, 10, 20, 50, and 100 yuan, while coins are available in denominations of 1 yuan, 5 jiao, and 1 jiao. The renminbi is regulated by the People's Bank of China, which is the country's central bank. The renminbi is widely used in China, but its use is restricted outside the country due to government controls on its exchange rate.

Answer 2

The name of the currency used in China is the renminbi. Its basic unit is the yuan, which is also sometimes called the renminbi. The symbol for the renminbi is ¥.

Answer 3

The currency used in China is called the Chinese yuan (CNY). The basic unit of the currency is called the yuan, and it is often represented with the symbol ¥. The yuan is subdivided into smaller units called fen.

Answer 4

Chinese currency is called Chinese yuan which is the basic of the renminbi.The renminbi is the official currency of the Republic of China which is the most traded currency in 2022

Answer 5

The currency used in China is called the Chinese yuan, also known as the Renminbi (RMB). Its symbol is ¥ and its currency code is CNY.