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The RMB currency, also known as the renminbi, is the official currency of China. Renminbi is legal tender in mainland China, but not in Hong Kong, Taiwan, or Macau.

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11y ago

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What is rmb currency?

rmb stands for "Renminbi" which literally translates to "People's Currency" from Chinese. It is the currency of China and it's primary unit is the Yuan.


Is rmb same as Chinese yuan?

Yes, RMB (Renminbi) is the official currency of the People's Republic of China. Chinese yuan is the basic unit of RMB and is often used interchangeably to refer to the same currency.


What currency is used in Beijing?

The money used in Beijing is the Chinese RenMinBi, or RMB for short.


What currency do they use in China?

The currency used in China is the Chinese Yuan, also known as Renminbi (RMB).


What is RMB in China?

RMB is the abbreviation for China's currency (known as the Renminbi and Chinese Yuan).


What is Asia's main currency?

China's yuan or RMB ¥ would be the most used currency but most countries have their own currencies.


What does china's currency rmb stand for?

RenMinBi


What is the currency money used in china?

Chinese currency is called the "yuan", also called the Ren Men Bi, or people's money. It is abbreviated RMB. Today, one US dollar is worth approximately 6.7 RMB.


Is rmb and yen is same?

No. The "RMB" is short for "Ren Min Bi" ("The People's Money") and is China's currency. It is also known as the "Yuan." The "Yen" is Japan's currency.


Can you use RMB in Hong Kong for transactions?

No, the Renminbi (RMB) is not commonly used for transactions in Hong Kong. The official currency of Hong Kong is the Hong Kong Dollar (HKD).


What is the meaning of rmb IN CHINA?

currency of People's Republic of China


Convert 1 RMB to usd?

1 Chinese yuan (RMB) = 0.158 U.S. dollars as of now,Check out updated currency exchange rates of RMB at : rmbconversion.com