RMB Guide









RMB,Renminbi! The currency of the People's Republic of China


The renminbi (literally "people's currency",Unit: Yuan, Jiao (some times called "Mao " ) and Fen. 1 Yuan = 10 Jiao (Mao); 1 Jiao = 10 Fen.) or the yuan is the official currency in the mainland of the People's Republic of China (PRC). It is issued by the People's Bank of China, the monetary authority of the PRC. The official ISO 4217 abbreviation is CNY, although also commonly abbreviated as "RMB". The Latinised symbol is , while in Chinese it is usually written with the character.

China Money Supply
China 's Foreign Exchange Reserves
China Gold Reserves
Average Exchange Rate of RMB Yuan Against US Dollars /1985-2004
U.S. Dollar to Chinese Yuan(rmb) Exchange Rate /Check Current Market Exchange Rate
RMB Deposit Rates /1990-2007
Chinese Paper Currency (pictures)

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RMB Policy Report
Highlights of China's Monetary (RMB) Policy in the First Quarter of 2006

RMB Quarter One, 2006

Part 1 Monetary and Credit Performance


In the first quarter of 2006, the national economy continued to grow steadily and relatively fast with sound performance in the financial industry. The growth of monetary and credit aggregates was higher than projected. More

RMB News 2007:

Joint panels set up on trade, RMB (Nov 29, 2007)
China, EU to set up panels on trade, RMB
China and the European Union (EU) Wednesday agreed to set up two separate high-level dialogue mechanisms on trade and finance to address disputes over trade imbalances and the exchange rate reform of the renminbi.
Bank reserve ratio raised to cool economy (Nov 10, 2007)
China's central bank will raise the reserve requirement ratio by 0.5 percentage points for commercial banks to 13.5 percent in an effort to cool the booming economy, the People's Bank of China said late Saturday.
China's forex reserve tops US$1.43 trillion (Oct 12, 2007)
Exchange rate could float in a wider band (May 25, 2007)
Chinese RMB scores new high against U.S. dollar (May 22, 2007)
Chinese currency hits new high against US dollar (May 8, 2007)
Economist warns risks from RMB appreciation ( Apr 23 ,2007)
New RMB bank loans rise 13% in first quarter ( Apr 13 ,2007)
Analysts: Yuan to appreciate 4% in 2007 ( Apr 4 ,2007)
RMB exchange rate against US dollar hits new high ( Mar 19 ,2007)
RMB climbs to new high against US dollar ( Feb 16 ,2007)

 

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