Why is Chinese Yuan called RMB?

Related questions

1. Is it cheaper to go to China or Japan?
2. Is the Indian rupee fixed or floating?
3. Can I bring beef jerky into China?
4. Why did Argentina peg its currency to the dollar in the first place?
5. What is a Yi Yuan?
6. How much does food cost in China?
7. What is Brazilian money called?
8. Why did Australia float the dollar?
9. Why did the US go off the gold standard?
10. What is a yi jiao coin?

Tags

1. #currency
2. #which
3. #indicated
4. #abbreviated
5. #traded
6. #often
7. #shore
8. #renminbi
9. #markets
10. #abbreviation
11. #chinese