CurrencyWhat is currency? Currencies are the generally accepted medi... More symbol — ¥ (identical to the )
Currency shortcut — CNY or RMB
The yuan is issued by the People’s Bank of ChinaThe People's Republic of China (中华人民共和国 in si... More, the Chinese .
Trading the yuan
The yuan was marginWhat is margin? In online trading, Margin is the amount a tr... More of its fixed base rate.to the for many years. In 2005, the People’s Bank of China allowed it to deviate from the US dollar. Now, it floats within a narrow
As the yuan is still heavily influenced by monetary policyMonetary policy is the process by which the monetary author... More, it is not truly . Still, the Chinese government plans to develop the yuan into a major global reserve currencyA reserve currency (also known as an "anchor currency") is ... More.
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