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China's yuan drops as midpoint pulls away from 15-mth highs

SHANGHAI, May 19- China's yuan weakened against the dollar on Tuesday after the central bank set its daily guidance rate weaker following a string of fixes making 15- month highs. The People's Bank of China set the midpoint rate at 6.1098 per dollar prior to the market's open, 0.03 percent weaker than the previous fix at 6.1079. The weaker fixing mostly reflected...
Source: Reuters