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China lifts yuan mid-point to fresh 3-1/2-month high

SHANGHAI, Dec 28 (Reuters) - China's central bank on Thursday lifted its official yuan midpoint to a fresh 3-1/2-month high at 6.5412 per dollar, reflecting broad dollar weakness.

Thursday's official midpoint, 9 pips firmer than the previous fix of 6.5421 on Wednesday, was the strongest since Sept. 13.

The dollar fell to a 3-1/2 week low against a basket of currencies on Wednesday as traders bet more major central banks will begin reducing monetary stimulus in 2018 because of faster global economic growth. (Reporting by Winni Zhou and Brenda Goh)