Rmb chinese yen
That measure is a trade-weighted index of the yuan, also known as the renminbi (RMB), as measured against a collection of currencies including the dollar, euro and Japanese yen. "The Chinese This currency rates table lets you compare an amount in Chinese Yuan Renminbi to all other currencies. With Chinese companies unable to hold US dollars and foreign companies unable to hold Chinese yuan, all transactions would go through the People's Bank of China. Once the sum was paid by the foreign party in dollars, the central bank would pass the settlement in renminbi to the Chinese company at the state-controlled exchange rate.