Renminbi is a 8 letter English word. It's valid Words with friends word worth 16 points.
You can make 117 anagrams from letters in renminbi (beiimnnr).
1955-60; Chinese rénmínbi, equivalent to rénmín people + bì currency
And the most important of these policies is the fixing of the renminbi to the dollar.
Up until then, the Chinese central bank had pegged the value of the renminbi to the dollar.
When Beijing pays for those dollars with renminbi, it inflates its own money supply.
By keeping the renminbi artificially low, the central government makes Chinese exports cheap in foreign countries.
Beijing needs to be concerned that a weakened Obama will be in no position to veto legislation targeting the renminbi.
Brazil and India, beginning in April, publicly backed calls for Beijing to let the renminbi trade freely.
The lower the value of the renminbi, the cheaper Chinese exports and the more expensive the American exports.
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