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China sets the yuan mid-point at fresh 10-1/2-month high

SHANGHAI, Aug 11 (Reuters) - China's central bank on Friday set the yuan's midpoint at 6.6770 per dollar, the strongest level since Sept. 22, 2016, as the Chinese currency continues to be supported by a weak dollar.

Friday's official guidance was 128 pips or 0.2 percent firmer than the previous fix at 6.6770 per dollar. (Reporting by Winni Zhou and John Ruwitch; Editing by Kim Coghill)