Chinese Renminbi (CNY)

Japan Today  Apr 30  Comment 
A McDonald's joint venture in China supplying its outlets with French fries has been slapped with a record 3.9 million yuan ($630,000) fine for water pollution, state media reported. The fine levied against Beijing Simplot Food Processing is...
The Economic Times  Apr 30  Comment 
Yuan payments increased in value by 33.5 percent in March from a month earlier. At a global level, all currencies increased in value by 18.9 percent during the same period.
Insurance Journal  Apr 29  Comment 
Ping An Insurance (Group) Co., China’s second-biggest insurer, said first-quarter profit rose 85 percent as stock-market rallies boosted investment returns and banking revenue expanded. Net income climbed to 20 billion yuan ($3.2 billion), or...
Forex News  Apr 28  Comment 
The Chinese yuan rose against the US dollar today even though speculations about monetary stimulus from the central bank put pressure on the currency.(...)Read the rest of Yuan Climbs vs. Dollar Despite Stimulus Speculations (70 words) Posted...
Benzinga  Apr 28  Comment 
China's BYD COMPANY LTD ADR (OTC: BYDDY) reported a jump in its net profit for the three months ended March. The company's net profit surged to 120.9 million yuan (US$19.4 million) in the latest quarter, versus a year-ago profit of CNY12.0...
MarketWatch  Apr 27  Comment 
A top strategist at Bank of America Merrill Lynch says China can’t achieve all of its monetary policy goals without letting its currency depreciate more rapidly against the U.S. dollar.
Benzinga  Apr 27  Comment 
China Vanke Co., Ltd. (OTC: CVKEF) reported a drop in its net profit for the first quarter. The company's quarterly net profit fell 57.5 percent to 650.2 million yuan ($104.8 million), versus a year-earlier profit of 1.53 billion yuan. Its...
Yahoo  Apr 24  Comment 
China plans to take a giant step toward making the yuan more convertible by extending a pilot scheme allowing the currency to be traded with few restrictions to all its free trade zones, before taking the scheme nationwide later this year. The...
Wall Street Journal  Apr 24  Comment 
The Economist  Apr 23  Comment 
JUDGING by its stockmarket, China is awash in cash. Trading is so frenetic that on April 20th, volumes surpassed the limits of the software that tracks transactions. More than 1.1 trillion yuan ($180 billion) of shares swapped hands that day, but...


You could also be looking for ETN Market Vectors Chinese Renminbi/USD ETN (CNY)

The Chinese Renminbi ("人民币"), the official currency of the People's Republic of China, is issued by the People's Bank Of China (“中国人民银行”, a.k.a. PBOC), the monetary authority of the PRC. Though commonly used interchangeably, the Yuan is in fact the principle currency unit within the Renminbi. The units for the Renminbi are the Yuan (元), Jiao (角), Fen (分), where 1 Yuan = 10 Jiao = 100 Fen. The Yuan is the primary unit of the Renminbi. The Chinese Renminbi literally means the "People's Currency".

Abbreviations for the Renminbi include RMB, CNY.

The value of the RMB had historically been pegged to the U.S. dollar, but since 2005, the Renminbi exchange rate has been allowed to float around a fixed base rate. The base rate is determined by the PBOC, with a reference to a basket of world currencies.

RMB notes are available in the following amounts: 100, 50, 20, 10, 5, and 1 yuan, and beneath the 1-yuan level at 5 Jiao and 1 Fen.

For a discussion of its revaluation, see Revaluing the Yuan.

The chart at left shows the USD/CNY currency pair; the number of Chinese Renminbi equivalent to 1 U.S. Dollar (USD).

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