Chinese Renminbi (CNY)

Forbes  9 hrs ago  Comment 
Eric Yuan left Cisco in 2011 to build his own new version of WebEx. Now his video conferencing startup Zoom is valued at $1 billion after a $100 million investment by VC firm Sequoia Capital.
Reuters  Jan 17  Comment 
China will not devalue its yuan, also known as the renminbi, or start a trade war, President Xi Jinping said on Tuesday.
The Economic Times  Jan 17  Comment 
The People's Bank of China set the midpoint rate at 6.9141 per dollar prior to market open, firmer than the previous fix 6.9235.
Reuters  Jan 16  Comment 
China should stop intervening in the foreign exchange market, devalue the yuan and let it float freely to restore stability, a senior researcher at a government-backed think tank said.
DailyFinance  Jan 12  Comment 
Filed under: Finance, World The strength of the US dollar is forcing China down a path it has been trying to avoid for years, pushing it to slow the money machine that has propelled its economy since 2008. The course of this path could mean...  Jan 12  Comment 
BEIJING (dpa-AFX) - China's yuan loans rose strongly in December, exceeding economists' expectations by a wide margin, data from the People's Bank of China showed Thursday. New yuan loan rose to CNY 1.04 trillion from CNY 794.6...
Reuters  Jan 12  Comment 
SINGAPORE - Sentiment towards most emerging Asian currencies improved in recent weeks, a Reuters poll showed on Thursday, with bearish bets against China's yuan falling to the smallest level in three months after Beijing clamped down on capital...
Financial Times  Jan 12  Comment 
Chinese currency’s outperformance versus onshore rate could help slow mainland outflows
Wall Street Journal  Jan 11  Comment 
Columnist Li Yuan writes that this week’s meeting between U.S. President-elect Donald Trump and Alibaba founder Jack Ma reflected the unusual role Mr. Ma plays for a Chinese entrepreneur.


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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