Renminbi

The renminbi (RMB, sign: ¥; code: CNY; also CN¥, 元 and CN元) is the official currency of China (People's Republic of China). Renminbi is legal tender in mainland China, but not in Hong Kong, Taiwan, or Macau. It is issued by the People's Bank of China, the monetary authority of China. Its name (simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin: rénmínbì) means "people's currency".