(Yicai Global) June 1 -- The People's Bank of China fixed the yuan's central parity rate against the US dollar at 7.1315, 1 basis point stronger for the redback from the previous trading day.

The China Foreign Exchange Trade System, the interbank trading and foreign exchange division under China's central bank, sets the benchmark parity rate on the morning of each business day. Spot rates may deviate 2 percent above or below the figure during the day.

Editor: Emmi Laine