The more you know: “Renminbi” (RMB) is actually the official name of the currency. “Yuan” is used to refer to monetary amounts (eg. this book costs 50 Yuan or ¥50), the same distinction used in the UK between “Sterling” (currency) and “Pound” (amounts).
The more you know: “Renminbi” (RMB) is actually the official name of the currency. “Yuan” is used to refer to monetary amounts (eg. this book costs 50 Yuan or ¥50), the same distinction used in the UK between “Sterling” (currency) and “Pound” (amounts).
