Why is yen called RMB?
I've always been curious about currencies, and recently I came across something interesting. Why is the yen sometimes referred to as RMB? This doesn't make sense to me since RMB stands for Renminbi, which is China's currency. So, what's the connection between yen and RMB?
What is the difference between RMB and CNH?
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?
Why is rmb pegged to USD?
I'm wondering about the reason why the Chinese currency, Renminbi, is pegged to the US Dollar. I want to understand the economic rationale behind this currency peg.
Is RMB pegged to USD?
I'm wondering if the Chinese currency, the RMB, is pegged to the US dollar. I want to understand the relationship between these two currencies and whether there's a fixed exchange rate.
Is RMB overvalued or undervalued?
I'm wondering about the valuation of the Chinese currency, the RMB. Specifically, I want to know if it is currently overvalued or undervalued.