SHANGHAI, Oct 21 (Reuters) - China's central bank on
Wednesday lifted its official yuan midpoint to a more than
27-month high, following gains in the spot market a day earlier.
The People's Bank of China (PBOC) set the midpoint rate
at 6.6781 per dollar prior to the market open, 149
pips or 0.22% firmer than the previous fix of 6.6930. It was the
strongest guidance rate since July 16, 2018.
The yuan ended its domestic trading session at a
more than 27-month high against the dollar on Tuesday, after the
central bank set its daily guidance rate on the stronger side of
a key threshold.
(Reporting by Winni Zhou and Andrew Galbraith
Editing by Shri Navaratnam)