jenminpi

The Bank of China, which handles Peking's foreign currency transactions and recently established a correspondent relationship with the Chase Manhattan Bank, acted with uncharacteristic imprecision during the dollar crisis last month. On one day it revalued China's currency, the jenminpi (or renminbi depending on which transliteration system you use) by 4.9 per cent against the Hong Kong dollar and the following day it devalued it by almost the same percentage.[…] But while the flip‐flop caused Chinese banking officials some embarrassment it did not affect local confidence in the jenminpi or the bank itself.

1973 August 3 [1973 August 2], Ian Stewart, “Currency Crosscurrents Hit Bank of China”, in The New York Times, →ISSN, →OCLC, archived from the original on 02 May 2024, page 37

China’s currency, the jenminpi, has remained stable; the Chinese assert that it is the "world’s most stable currency." This is generally conceded to be the result of the care with which the Chinese economy and its tight budget are managed.

1974, “Asia and the Pacific”, in Yearbook on International Communist Affairs 1974, Stanford, Cali.: Hoover Institution Press, →ISBN, →LCCN, →OCLC, page 428