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Market exchange rates in China -- June 1

BEIJING, June 1 (Xinhua) -- The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:

Currency Unit Central parity rate in yuan

U.S. dollar 100 666.51

Euro 100 715.31

Japanese yen 100 5.1756

Hong Kong dollar 100 84.946

British pound 100 840.31

Australian dollar 100 478.77

New Zealand dollar 100 434.70

Singapore dollar 100 486.48

Swiss franc 100 694.68

Canadian dollar 100 527.41

Malaysian ringgit 65.653 100

Ruble 936.84 100

Rand 234.45 100

Korean won 18,622 100

UAE dirham 55.099 100

Saudi riyal 56.264 100

Hungarian forint 5,548.35 100

Polish zloty 64.02 100

Danish krone 103.99 100

Swedish krona 146.50 100

Norwegian krone 140.57 100

Turkish lira 246.03 100

Mexican peso 294.86 100

Thai baht 514.47 100

The central parity rate of the yuan against the U.S. dollar is based on a weighted average of prices offered by market makers before the opening of the interbank market each business day.

The central parity rate of the yuan against the Hong Kong dollar is based on the central parity rate of the yuan against the U.S. dollar and the exchange rate of the Hong Kong dollar against the U.S. dollar at 9 a.m. in international foreign exchange markets on the same business day.

The central parity rates of the yuan against the other 22 currencies are based on the average prices offered by market makers before the opening of the interbank foreign exchange market.