1. RMB. Renminbi is the legal tender of China and is issued by the People's Bank of China. The unit of RMB is RMB, and the currency of RMB is cents and cents. The first set of RMB was issued from 1 94865438+February1to195365438+February.
2. Symbol of RMB: 1 955 March1day, the People's Bank of China officially confirmed the symbol of RMB for the first time when it issued the second set of RMB. The initial letter "Yuan" of the Chinese phonetic alphabet "Y" is adopted. In order to distinguish "Y" from Arabic numerals, the word "Y" is written as ""or pronounced as "Yuan".
3.cny and RMB: CNY (ISO 42 17) is the code given to RMB by the International Organization for Standardization. They are the only standard symbols of RMB in international trade and are used for foreign exchange settlement and domestic settlement. Renminbi is the abbreviation of pinyin letters of Renminbi, which is widely used in China. This situation is also very common in the world, that is, the correct writing of US dollar is USD(= USD), but people often call it "US dollar" or "dollar" directly.