Chinese phrase
货币为〜 huò bì wèi 〜
Meaning
The currency is ___
When to use it
States which currency is used for a payment or transaction. It is common in contracts and other formal business writing.
Example dialogue
合同上写明货币为人民币。 hé tóng shàng xiě míng huò bì wéi rén mín bì
The contract states that the currency is RMB.
了解，我们按人民币支付。 liáo jiě wǒ men àn rén mín bì zhī fù
Understood. We will pay in RMB.