Current location - Loan Platform Complete Network - Foreign exchange account opening - We call foreign currencies dollars, euros and pounds. What should foreigners call RMB?
We call foreign currencies dollars, euros and pounds. What should foreigners call RMB?
In China, due to the popularity of mobile payment technology, under the influence of WeChat and Alipay, many people bid farewell to the life of cash payment, because of Taobao online shopping, Meituan takeaway and so on. You can't pay in cash, but in the international market, most transactions are still done in cash, and as we all know, we call foreign currencies US dollars, euros, pounds, or even Malaysia's currency for short.

We usually call China's currency RMB, not RMB, because RMB is the unit of measurement of money. So the dollar is just a unit of measurement, and the dollar is commonly known. Because during World War II, American currency was directly linked to gold, which is even more curious. As we all know, the international language is English, and in English, it is translated into the word RMB.

The first translation is directly in Chinese Pinyin, the second is the abbreviation of the first letter of RMB Pinyin, and the third translation is literal translation. China's money is also "China's money", which is easy to understand. But in fact, these are all colloquial translations. In the trade market, RMB has a more formal abbreviation, which is CNY.

CNY has two meanings. The first one is "China New Year", which stands for China's New Year. The second is "China Dollar", which is China Dollar, because the unit to describe the value of RMB is "Yuan", which is what we often call "Yuan". Anyway, RMB has occupied a considerable position in the international trade market, and many countries regard RMB as an important foreign exchange reserve, which is internationally recognized by China.

Of course, only with strong strength and all-round development in science and technology, economy, military and other fields can we have enough right to speak. Thanks to the birth of China, Huawei, Alibaba and other enterprises, our life is getting better and better, and we are proud of the prosperity of our motherland. What do you think of this?