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Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances.

because you will need to show them when you change RMB back to your own currency at the end of your visit to China. Currency rather than credit cards is essential in remote areas, and you should ...

Treasury Secretary Scott Bessent has said that China couldn’t sell ... then they would have to sell RMB, and it would strengthen their currency, and they’ve been doing just the opposite.

The distinction between CNY and RMB is subtle. RMB is the official currency of China. The yuan is the principal unit of account for that currency. Chinese currency defines the economy of one of ...

For the first time since 1999, a new member has joined the International Monetary Fund’s (IMF’s) list of reserve currencies. China’s yuan (RMB) is the first new currency to join the list since the ...