renminbi

plural noun

ren·​min·​bi ˈren-ˈmin-ˈbē 

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

On its first day, more than 300 products went on sale simultaneously, with sales exceeding 10 million renminbi within one minute. — Advertorial, Footwear News, 19 Sep. 2026

The city government also proposes to strengthen its role as the world's largest offshore hub for renminbi, mainland China's currency, including by exploring the use of renminbi to settle government expenditures where appropriate. — ABC News, 16 Sep. 2026

These companies and accounts, often disguised as trading firms, settled transactions involving renminbi collected inside China against dollars held offshore. — Alvin Camba, Foreign Affairs, 21 Aug. 2026

In his framing, the renminbi’s gains are coming largely at the euro’s expense, not the dollar’s. — Nick Lichtenberg, Fortune, 19 Aug. 2026

Word History

Etymology

Chinese (Beijing) rénmínbì, from rénmín people + bì currency

First Known Use

1957, in the meaning defined above