yuan1
/jʊˈɑːn
/noun (plural same)
The basic monetary unit of China, equal to 10 jiao or 100 fen.Today, they are still sending production to China as the yuan and the dollar weaken....
- These pressures are also raising the cost of keeping the yuan pegged to the dollar.
- Maybe China will allow the yuan to float by 2008 if it is able to complete its financial reforms in time.
Origin
Chinese, literally 'round'; compare with yen1.
Rhymes
Yuan2
/jʊˈɑːn/A dynasty that ruled China 1279–1368, established by the Mongols under Kublai Khan. It preceded the Ming dynasty.