CNY

Chinese Yuan

CNY is the official currency of the People's Republic of China, also known as the renminbi (RMB). It's the most used currency in Asia and increasingly important in global trade.

The yuan is managed by the People's Bank of China and is partially controlled rather than freely floating. China has been working to internationalize the yuan as an alternative to the US dollar in trade.

Related Terms

USD

United States Dollar

USD is the official currency of the United States and its territories. It's the world's primary rese...

HKD

Hong Kong Dollar

HKD is the official currency of Hong Kong. It's pegged to the US dollar within a narrow band, provid...

JPY

Japanese Yen

JPY is the official currency of Japan and the third most traded currency in the world. Unlike most c...

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