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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At the same time, China has also increased the internationalization of the renminbi. New York Times, 26 July 2025 The Black Myth Wukong collaboration, which made its debut in January and focused on gold jewelry, has already generated more than 150 million renminbi, or $20.9 million, in retail sales. Denni Hu, Footwear News, 15 July 2025 My thought: Maybe, but why isn’t the renminbi appreciating versus the U.S. dollar? Brendan Ahern, Forbes.com, 16 Apr. 2025 Meanwhile, Bloomberg reports that foreign vendors—from Latin America to Asia—are asking U.S. importers to settle invoices in euros, pesos and renminbi to avoid the currency swings. Frank Holmes, Forbes.com, 24 June 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

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Cite this Entry

“Renminbi.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/renminbi. Accessed 21 Aug. 2025.

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