I'm confused about the difference between yuan and RMB. Are they the same thing or different? If they are different, how do they differ in terms of their usage, value, and where they are commonly used?
8 answers
CharmedVoyager
Tue Nov 26 2024
These two terms are largely similar in meaning and application.
EnchantedNebula
Tue Nov 26 2024
People frequently use them interchangeably in daily conversations and transactions.
Nicolo
Tue Nov 26 2024
The currency used in China holds two common names.
Stefano
Tue Nov 26 2024
Despite their similarity, there exists a slight distinction between them.
KimchiChic
Tue Nov 26 2024
It can be referred to as the Chinese yuan, abbreviated as CNY.