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U.S. dollar rebounds after prior session's sharp fall

NEW YORK, Oct. 5 (Xinhua) — The U.S. dollar strengthened in late buying and selling on Wednesday as constructive sentiment in monetary markets pale and riskier currencies declined.

The dollar index, which measures the dollar towards six main friends, elevated 0.91 p.c to 111.0740, following a 1.5 p.c lower within the prior session.

In late New York buying and selling, the euro decreased to 0.9895 U.S. {dollars} from 1 dollar within the earlier session, and the British pound was all the way down to 1.1344 U.S. {dollars} from 1.1479 {dollars} within the earlier session. The Australian dollar rose to 0.6507 {dollars} from 0.6498 {dollars}.

The U.S. dollar purchased 144.47 Japanese yen, larger than 143.93 Japanese yen of the earlier session. The U.S. dollar was as much as 0.9825 Swiss francs from 0.9787 Swiss francs, and it elevated to 1.3602 Canadian {dollars} from 1.3510 Canadian {dollars}.