What does RMB mean?
Definitions for RMB
rmb
This dictionary definitions page includes all the possible meanings, example usage and translations of the word RMB.
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Wikidata
RMB
RMB is the name of a German electronic music band, founded by Rolf Maier-Bode whose initials form the band name. Maier-Bode works in the studio with partner Farid Gharadjedaghi.
Suggested Resources
rmb
Song lyrics by rmb -- Explore a large variety of song lyrics performed by rmb on the Lyrics.com website.
RMB
What does RMB stand for? -- Explore the various meanings for the RMB acronym on the Abbreviations.com website.
Anagrams for RMB »
MBR
MRB
RBM
Numerology
Chaldean Numerology
The numerical value of RMB in Chaldean Numerology is: 8
Pythagorean Numerology
The numerical value of RMB in Pythagorean Numerology is: 6
Examples of RMB in a Sentence
Property prices are still cheap in RMB (yuan) terms.
We did offer to pay the factories in RMB. It's in our interest to make it as easy as possible for them to sell to us, so that we're the easiest route to market, but it all tended to get a little bit crazy. They have foreign bank accounts and that's where they handle all their foreign sales. So when we tried to pay in yuan they changed it into U.S. dollars, and then they transfer it from U.S. dollars back into RMB. So we couldn't see any logic or benefit.
With improvement to the renminbi exchange rate regime and progress in RMB internationalisation, it is quite normal that China's foreign reserves may increase or decrease, and there is no need to overreact to it.
The weakening of the Chinese RMB seems to have spooked the yen and by extension the Nikkei in an already nervous and shell-shocked market that's worried about dynamics both economic and geopolitical, in these last couple of days the yen has moved in a way that chartists have called a break from the weakening trend of Abenomics that we've seen for the past few years, and in that kind of environment the market becomes incredibly vulnerable to events like the RMB failing to stabilize.
We think China is unlikely to engineer 25% depreciation to counter the impact of tariff as the cost of capital outflows amid the shrinking current account surplus may outweigh the benefit of supporting export, the pressure on RMB depreciation may depend on three near-term factors including the size of China's retaliation package, U.S.'s plan to impose tariff on the remaining $325 billion products and market's assessment on whether the setback is temporary or not.
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Translations for RMB
From our Multilingual Translation Dictionary
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"RMB." Definitions.net. STANDS4 LLC, 2024. Web. 19 Mar. 2024. <https://www.definitions.net/definition/RMB>.
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