Renminbi vs. Yuan: Why China's currency has two names

China has indicated that it will allow its currency to appreciate - following months of pressure from the US. Some refer to the currency as the yuan, others call it the renminbi. Who is right?

In colloquial speech the yuan has other names too Both names are perfectly good, but in slightly different ways.

"Renminbi" is the official name of the . . .

Full story at: BBC News