1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 3069.4837 BYR (Belarusian Ruble). It is the official currency of Belarus denoted by the symbol Br. The economy of Belarus is dependent on Russia. The first Belarusian Ruble was introduced in 1992. In 2000, the second Belarusian Ruble was introduced to replace the first at a rate of 1,000 old Rubles = 1 new Ruble. The Central Bank of Belarus controls right of issue of the BYR currency.