China lifts yuan midpoint to strongest level in over two months

SHANGHAI (Reuters) - China's central bank lifted its official yuan midpoint to the highest level in over two months on Tuesday, reflecting strong gains for the spot yuan a day earlier as Beijing and Washington edged closer to finalizing a first-stage trade agreement.The People's Bank of China (PBOC) set the midpoint rate at 7.0617 per dollar prior to the market open, 145 pips or 0.2% firmer than the previous fix of 7.0762 and the strongest since Aug.26.Tuesday's official guidance rate was also..