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US dollar rises on Fed minutes

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IANS New York

The US dollar increased against most major currencies on Wednesday as the newly-released Federal Reserve minutes for its latest meeting bolstered the prospect of a year-end rate hike.

In late New York trading, the euro fell to $1.0647 from $1.0650 in the previous session, while the dollar bought 123.55 Japanese yen, higher than 123.40 yen of the previous session.

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First Published: Nov 19 2015 | 3:02 AM IST

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