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US dollar narrows losses on possible new rate hike

Updated : August 23, 2018 06:50 AM IST

The dollar index, which measures the greenback against six major peers, fell 0.11 per cent to 95.1473.
Federal Reserve was considering another rise of interest rate on its meeting dated from July 31 to August 1, according to minutes of the meeting revealed on Wednesday.
In late New York trading on Wednesday, the euro was up to $1.1588 from $1.1572 in the previous session, and the British pound was up to $1.2912 from $1.2902 in the previous session
US dollar narrows losses on possible new rate hike

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