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U.S. dollar dips as euro rises

NEW YORK, March 1 (Xinhua) — The U.S. dollar fell in late buying and selling on Wednesday, amid power within the euro.

The dollar index, which measures the buck in opposition to six main friends, slid 0.37 % to 104.4849.

The euro, the biggest element of the index, rallied, after information launched Wednesday confirmed German inflation remained elevated.

In late New York buying and selling, the euro rose to 1.0656 U.S. {dollars} from 1.0582 {dollars} within the earlier session, and the British pound was all the way down to 1.2014 U.S. {dollars} from 1.2054 {dollars} within the earlier session.

The U.S. dollar purchased 136.15 Japanese yen, larger than 136.11 Japanese yen of the earlier session. The U.S. dollar was all the way down to 0.9402 Swiss francs from 0.9406 Swiss francs, and it was all the way down to 1.3608 Canadian {dollars} from 1.3629 Canadian {dollars}. The U.S. dollar was all the way down to 10.4427 Swedish Kronor from 10.4501 Swedish Kronor.

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