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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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 At its peak, GQ Lab could command around 500,000 renminbi, or $70,500, for a single social media post. Tianwei Zhang, Footwear News, 15 Apr. 2025 Other popular reserve currencies include the Euro, the British pound, and the Chinese renminbi. Gordon G. Chang, MSNBC Newsweek, 8 Apr. 2025 The Chinese renminbi looms on the horizon, but China lacks open and liquid financial markets, one of the most important requirements for a reserve currency. Edward Fishman, Foreign Affairs, 8 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 7 May. 2025.

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