Definition, Meaning & Synonyms
rmb
Noun
/ˌɑːr ɛm ˈbiː/
Definition
RMB is the official currency of the People’s Republic of China, represented by the symbol ¥.
Examples
- The prices are listed in RMB at the restaurant.
- He exchanged his dollars for RMB before traveling to China.
- The budget for the project is set at 100,000 RMB.
Meaning
The term ‘RMB’ stands for ‘Renminbi’, which translates to ‘people’s currency’ in English.
Synonyms
- Renminbi
- Chinese yuan
