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

Examples of renminbi in a Sentence

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The educational branch had sales of 71.5 million renminbi, or $9.8 million, in the first half of 2024, accounting for 3.6 percent of the business. —

Denni Hu, WWD, 10 Dec. 2024 Despite the existence of the euro and growing importance of China's renminbi, the dollar remains the world's main reserve currency, representing roughly 58% of the world's foreign exchange reserves, according to the IMF. —

Megan Cerullo, CBS News, 2 Dec. 2024 The deal is expected to generate a loss of around 9.3 billion renminbi, or $1.3 billion, on Alibaba’s books. —

Denni Hu, WWD, 17 Dec. 2024 In 2015, Beijing launched the Cross-border Interbank Payment System (CIPS) to allow clearing of renminbi transactions onshore in Shanghai. —

Chan Ka Sing, Reuters, 26 Sep. 2024 See all Example Sentences for renminbi