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Chinese Renminbi (CNY)

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Chenhao: Big Money Mirrors a Big Problem
JLM Pacific Epoch  Jul 3 
Over the past few weeks, speculation has been mounting that China is planning to issue a new RMB 500 bank note in November . Reports suggest that the new note, which would be far and away the largest face-value bank note in circulation on the...
Capital Group: 83% of FY Target Down
JLM Pacific Epoch  Jul 3 
Beijing Capital Land (2868.HK) announced Thursday that its parent company, Capital Group, has recorded contract sales revenue of RMB 5 billion in the first six months of 2009, up 187% year-on-year and representing 83% of its annual target, reports...
MoF Caps "Old-for-New" Subsidies
JLM Pacific Epoch  Jul 3 
China's Ministry of Finance (MoF) has set maximum limits for subsidies offered under its "old-for-new" household appliances recycling program between June 1 and May 31, 2010. During the period, the government will pay out up to RMB 250 for each...
A-Shares Up, SME Board IPO Trading Limits Amended
JLM Pacific Epoch  Jul 3 
The Shanghai Composite Index rose 0.92% to close at 3,088.37, while the Shenzhen Composite Index grew 1.38% to close at 1000.68 on Friday. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB 177.44 billion and RMB 89.68...
NetEase Sued for Defaming University Professor
JLM Pacific Epoch  Jul 3 
NetEase (Nasdaq:NTES) has been sued by Tsinghua University professor Xiao Ying for RMB 100,000 for damage to his reputation in the Beijing Haidian People's Court, reports China Reading Weekly. Xiao claims that a NetEase entertainment channel...
Alibaba.com, Zhejiang City to Boost E-Commerce
JLM Pacific Epoch  Jul 3 
Business-to-business e-commerce company Alibaba.com (1688.HK) signed an agreement with the municipal government of Shaoxing, Zhejiang province under which the city will set up a RMB 15 million fund to help small and medium-sized enterprises expand...
Longfor Property H1 Sales Hit RMB 9.5B
JLM Pacific Epoch  Jul 3 
Chongqing-based developer Longfor Properties sold 1.2 million square meters for nearly RMB 9.5 billion in the first six months of 2009, reports China Securities News quoting company statistics released July 2. Longfor sold over 10,000 units during...
China IT Product Sales Slow 5% in H1
JLM Pacific Epoch  Jul 3 
R&F Properties Announces H1 Sales
JLM Pacific Epoch  Jul 3 
China May Dedicate RMB 3-4B to Fund Hi-Tech
JLM Pacific Epoch  Jul 3 
China's Ministry of Industry and Information Technology and Ministry of Science and Technology are expected to release initial funding soon for technology programs, including chips, software and core electronics, reports Shanghai Securities News...
Hanergy Plans RMB 28B Thin-Film Cell Base
JLM Pacific Epoch  Jul 2 
Beijing-based energy investment group Hanergy will establish a three-phase photovoltaic (PV) base focusing on thin-film solar cell research, development and production in Heyuan, Guangdong province, Nanfang Daily reports. The 1GW first phase will...
A-Share Trading Volumes, Indices Swell
JLM Pacific Epoch  Jul 2 
The Shanghai Composite Index rose 1.73% to close at 3,060.25, while the Shenzhen Composite Index grew 0.98% to close at 987.02 on Thursday. Trading volume on the Shanghai and Shenzhen Stock Exchanges reached RMB 181.11 billion and RMB 85.08...
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 This article describes a currency traded on the global foreign exchange market. View articles referencing this currency.
 


Also known as the yuan, the renminbi is issued by the People's Bank of China, the monetary authority of the PRC. The units for the Renminbi are the Yuan (元), Jiao (角), Fen (分), where 1 Yuan = 10 Jiao = 100 Fen.

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

[edit] Chinese Renminbi per U.S. Dollar



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