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Asked by Mrs.Peggy Sjstsrm from Sweden | Aug. 25, 2009 14:24
About:Xian City Wall

We're arriving in Peking on the 15th of September and touring around until the 25th. I often see two different initials for money: RMB and CNY. I don't quite understand what the difference is between these values of Chinese currency.

On another subject, I'm glad to know that the government regulates the behavior of people on the wall! I think it's tragic when selfish, foolish people throw trash around or write and carve things on historical objects! We're looking very forward to our trip to China!

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Answered by Ms.Melissa from cn | Aug. 25, 2009 20:00
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Hi,Sjstsrm. Good question. RMB is short for Chinese Pingyin Renminbi, a way of expressing money in domestic China. CNY is standard saying in International Finance, short for ChiNaYuan. Examples:
CNY (Chinese Yuan), FRF (French Franc), HKD (HongKong Dollar), USD (United States Dollar)......
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