June 1, 2017 / 1:28 AM / 6 months ago

China sets yuan midpoint at strongest level since Nov 10

SHANGHAI, June 1 (Reuters) - China’s central bank set the yuan midpoint at 6.8090 per dollar on Thursday, lifting it 543 pips from the previous day’s rate to its strongest level since November 10.

The appreciation of the daily reference rate, a 0.8 percent move, was its biggest one-day strengthening since January. (Reporting by John Ruwitch and Winni Zhou)

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