China lifts yuan mid-point to highest since Aug 2015

SHANGHAI, Feb 7 (Reuters) - China's central bank on Wednesday lifted its official yuan midpoint to 6.2882 per dollar, the strongest level since August 2015, underpinned by sturdy yuan performance a day earlier.

Wednesday's midpoint was 190 pips, or 0.3 percent, firmer than Tuesday's fix of 6.3072 and was the strongest since Aug. 11, 2015, when China rattled global markets with a sharp 2 percent one-off currency devaluation.

China's yuan strengthened against the dollar on Tuesday, supported by corporate dollar sales as emerging currencies lost traction amid a global equities sell-off.

(Reporting by Winni Zhou and John Ruwitch Editing by Shri Navaratnam)