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Chinese National Currency

The Chinese National Currency (CNC), often transliterated as fapi or fabi or translated as Legal Tender Note, is the currency of China between 1935 and 1948. Introduced in the 1935 currency reform, the currency was initially issued by the Central Bank, the Bank of China, the Bank of Communications and later the Farmer's Bank of China. In June 1942, it became solely issued by the Central Bank. It was replaced by the Gold Yuan in August 1948. See also Central Bank of China Chinese hyperinflation Note References

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