China c.bank fixes yuan midpoint at strongest level in nearly 8 months

SHANGHAI, June 30 (Reuters) - China's central bank set the yuan midpoint at 6.7744 per dollar on Friday, its strongest level since Nov.7 2016, reflecting the dollar's broad weakness.

Friday's official guidance was 196 pips or 0.3 percent firmer than the previous day's fixing at 6.7940 per dollar.

(Reporting by Winni Zhou and Andrew Galbraith)