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 The Russian leader lauded the two countries’ use of rubles and renminbi to settle trade to circumvent U.S. restrictions on using dollars. Paul Sonne, New York Times, 16 May 2024 The share of Russia’s imports invoiced in Chinese renminbi jumped from three percent in 2021 to 20 percent in 2022. Andrea Kendall-Taylor, Foreign Affairs, 23 Apr. 2024 See all Example Sentences for renminbi 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'renminbi.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

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

Dictionary Entries Near renminbi

Cite this Entry

“Renminbi.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/renminbi. Accessed 29 May. 2024.

More from Merriam-Webster on renminbi

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