Economy of China the stock in some firms. Lines of credit were extended by CFS to 21 securities firms, some of which also purchased up to 5% of some companies stocks. Some of the small cap stocks acquired may be overvalued. Chinese stocks fell about 10% during the last week of July 2015 with record breaking losses on Monday. The renminbi ("people's currency") is the currency of China, denominated as the yuan, subdivided into 10 jiao or 100 fen. The renminbi is issued by the People's Bank of China, the monetary authority of China. The ISO 4217 abbreviation is CNY, although also commonly
Qapik Qapik Qapik (from ) is a monetary unit of Azerbaijan, equal to 1/100 of the Azerbaijani manat. The 2006 currency denomination of the Azerbaijani manat introduced 1, 3, 5, 10, 20 and 50 qəpik into circulation. The 1, 3 and 5 qəpik are made of copper-covered steel. The 10 and 20 qəpik are of brass-covered steel, the 50 qəpik are bicolor. The word "qəpik" comes from the Russian word "kopek" which means spear, and which was a currency since the time of Ivan the Terrible in the 16th century and is now the monetary unit of the Russian ruble, Ukrainian