renminbi

plural noun

ren·​min·​bi ˈren-ˈmin-ˈbē How to pronounce renminbi (audio)
variants or Renminbi
: the official currency of the People's Republic of China consisting of yuan

Examples of renminbi in a Sentence

Recent Examples on the Web
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Other alternatives like China’s renminbi face even higher hurdles. Andrew Ross Sorkin, New York Times, 1 May 2025 In early 2018, the renminbi was quite strong relative to the historical trend, and there was latitude to allow for depreciation to offset the tariff hikes. George Calhoun, Forbes.com, 30 Apr. 2025 However, the Canadian dollar is only 3.5% more expensive in our currency and the Chinese renminbi exchange rate has barely budged at all. Edward Lotterman, Twin Cities, 27 Apr. 2025 As exchange rates shift, so do comparisons of relative size, so that a 15 percent depreciation of the renminbi—as has occurred since its peak three years ago—would make the Chinese economy seem 15 percent smaller even if its output stayed the same. Kurt M. Campbell, Foreign Affairs, 10 Apr. 2025 See All Example Sentences for renminbi

Word History

Etymology

Chinese (Beijing) rénmínbì, from rénmín people + currency

First Known Use

1957, in the meaning defined above

Time Traveler
The first known use of renminbi was in 1957

Browse Nearby Words

Cite this Entry

“Renminbi.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/renminbi. Accessed 22 May. 2025.

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