I want to understand the distinction between RMB and CNH. Are they both related to Chinese currency? If so, how do they differ from each other in terms of their usage, value, and the contexts in which they are typically applied?
7 answers
Leonardo
Tue Nov 26 2024
The Chinese Yuan is widely used for transactions and investments within China.
KpopHarmonySoulMateRadiance
Tue Nov 26 2024
For transactions conducted outside of China, the offshore version of the Chinese Yuan is used.
TaekwondoMasterStrengthHonor
Tue Nov 26 2024
This offshore version of the Chinese Yuan is represented by the symbol CNH.
Paolo
Tue Nov 26 2024
The official currency of China is the Renminbi (RMB).