BEIJING, Jan. 23 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 12 pips to 7.1708 against the U.S. dollar Thursday, according to the China Foreign Exchange ...
BEIJING, Jan. 15 (Xinhua) -- The central parity rate of the Chinese currency renminbi, or the yuan, weakened 5 pips to 7.1883 against the U.S. dollar Wednesday, according to the China Foreign Exchange ...
China’s currency, the RMB (rénmínbì 人民币), is literally "the people's currency." By adding one extra character, "serve the people" is transformed into "serve the renminbi." The parody ...