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 its peak, GQ Lab could command around 500,000 renminbi, or $70,500, for a single social media post. Tianwei Zhang, Footwear News, 15 Apr. 2025 Other popular reserve currencies include the Euro, the British pound, and the Chinese renminbi. Gordon G. Chang, MSNBC Newsweek, 8 Apr. 2025 The Chinese renminbi looms on the horizon, but China lacks open and liquid financial markets, one of the most important requirements for a reserve currency. Edward Fishman, Foreign Affairs, 8 Apr. 2025 In 2024, sales rose 7 percent to 3 billion renminbi, or $411.8 million. Denni Hu, WWD, 4 Mar. 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

Browse Nearby Words

Cite this Entry

“Renminbi.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/renminbi. Accessed 2 May. 2025.

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