SHANGHAI, Feb 23 (Reuters) - China's central bank
lowered the official yuan midpoint guidance rate to the weaker
side of the key 6.9 per dollar level for the first time in seven
weeks, pressured by broad dollar strength in global markets.
The People's Bank of China set the midpoint
fixing at 6.9028 per dollar on Thursday, 269 pips or 0.39%
weaker than the previous fix of 6.8759, the softest since Jan.
4. Thursday's official fixing came in line with market
forecasts.
(Reporting by Winni Zhou and Brenda Goh; Editing by Jacqueline
Wong)
Messaging: winni.zhou.thomsonreuters.com@reuters.net))
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