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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Meanwhile, Bloomberg reports that foreign vendors—from Latin America to Asia—are asking U.S. importers to settle invoices in euros, pesos and renminbi to avoid the currency swings. Frank Holmes, Forbes.com, 24 June 2025 China already wants a stronger renminbi so it can be used to help settle regional transactions, and a weaker dollar could support the U.S. administration’s efforts at reindustrialization. A. Wess Mitchell, Foreign Affairs, 22 Apr. 2025 For the six months ended September 2024, revenue jumped 14.2 percent year-over-year to 1 billion renminbi, or $136 million, while profit grew 20 percent to 115 million renminbi, or $15 million. Denni Hu, WWD, 11 Feb. 2025 However, the underlying companies are mainly in China and generate revenues in renminbi. Brendan Ahern, Forbes.com, 30 June 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 20 Jul. 2025.

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