The RMB is just an acronym referring to the Chinese yuan. It's short for "renmibi", which means "people's money" in Chinese.
The NTD is not actually a Chinese dollar...well, I guess technically it is, because Taiwan is part of the People's Republic of China. But Taiwan is still an independent nation. NTD is an acronym for the "New Taiwan Dollar".
Hope this helps! I'm actually answering this question from Taiwan right now :)
RenMinBi
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.
RMB is the abbreviation for China's currency (known as the Renminbi and 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.
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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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.
currency of People's Republic of China
1 Chinese yuan (RMB) = 0.158 U.S. dollars as of now,Check out updated currency exchange rates of RMB at : rmbconversion.com
The currency used in China is the Chinese Yuan, also known as Renminbi (RMB).
Renminbi ( Chinese Yean Renmibi ) (currency)
The Chinese currency is the "Yuan" or "Renminbi". The official (ISO) currency code is CNY although many use RMB.