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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
The determination, however, followed a period in which the Chinese government allowed the value of the yuan—also known as renminbi—to fall against the dollar, making Chinese goods more competitive than goods made elsewhere. Josh Hammer, MSNBC Newsweek, 21 Apr. 2025 For the year ended March 31, 2024, revenue grew 1.4 percent year-over-year to reach 1.8 billion renminbi, or $246 million, while gross profit rose 9.7 percent to reach 938 million renminbi, or $128 million, according to the company prospectus. Denni Hu, WWD, 11 Feb. 2025 The Chinese government has long sought to elevate the place of its currency, the renminbi. Peter S. Goodman, New York Times, 13 Apr. 2025 Annual growth logged 11 percent to reach 118 billion renminbi, or $16.2 billion. Denni Hu, Footwear News, 16 May 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 4 Jul. 2025.

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