Questions tagged [chinese currency]

Carlo Fri Nov 15 2024 | 7 answers 2039

I'm wondering if the Chinese currency, also known as the yuan or renminbi, is pegged to another currency or to a basket of currencies. I want to understand if its value is fixed or if it floats freely in the market.

Chloe_martinez_explorer Mon Jul 29 2024 | 7 answers 1559

I'm curious, can you elaborate on the age of Chinese currency? Is it a relatively recent invention, or does it have a long and storied history? I'm particularly interested in understanding the timeline of its development and evolution, as well as any notable milestones or turning points in its existence. Additionally, I'm wondering if there are any specific factors that have influenced its longevity and continued use to this day.