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What's the difference between RMB and Japanese yen?
Japanese yen (symbol: RMB; Japanese: Ba, Japanese Roman character: en, English: yen)

Renminbi (symbol? Pronunciation: yuán, mbth: RMB, abbreviated as RMB)

What is the difference? Many people mistakenly think that "RMB" is a symbol of RMB, but it is not. It is the symbol of Japanese yen, with only one horizontal line on Y, while the symbol of RMB has two horizontal lines. In order to ensure the symbols of RMB and Japanese yen, the International Organization for Standardization can record Japanese yen as Japanese yen and RMB as CNY? . The Japanese yen, whose paper money is called Japanese bank notes, is the legal tender of Japan, and it is often used as the reserve currency after the US dollar and the euro.

The Japanese yen is the name of Japan's monetary unit, which was founded in May 187 1 1. Japan established the gold standard system in 1897, and the gold content was set at 0.75g In May of 1953, it was announced that the gold content was 0.00246853g In March of 1988, the gold standard system was completely abolished.

There are four kinds of banknotes 1000, 2000, 5000 and 10000 yen, and six denominations of coins 1, 5, 10, 50, 100 and 500 yen.

Renminbi? It is the legal tender of People's Republic of China (PRC). This coin was issued by the People's Bank of China, 1948 12 1 for the first time, and a new version was released at19991,forming a variety of banknotes, coins, plastic banknotes, ordinary commemorative coins and precious metal commemorative coins.

2065438+05438+065438 On October 30th, 2005/kloc-0, the International Monetary Fund announced that RMB was formally included in the IMF SDR currency basket, with a weight of 10.92%. The resolution will take effect on1October 30th. 20 16 16 65438. 20 18 65438+ 10/5, Germany and France announced that RMB would be included in foreign exchange reserves, and the two major economies in the euro zone cast a vote of confidence in RMB, indicating that the RMB has been settled in the international arena and its reserve status has been further enhanced.