What Does CNY Stand For?

CNY stands for Chinese Yuan Renminbi

CNY, or Chinese Yuan Renminbi, is the official currency of the People's Republic of China. It is abbreviated as CNY in the foreign exchange market, where it is often referred to by its symbol, ¥. The currency is managed by the People's Bank of China and is used for both domestic and international transactions. CNY plays a significant role in global trade and investment, being one of the most widely traded currencies in the world.

Category : Currency