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Urgent: U.S. dollar climbs on inflation data

Xinhua, April 18, 2015 Adjust font size:

The U.S. dollar went up against most major currencies on Friday as rising inflation data from the country showed the economy was moving closer to the Federal Reserve's inflation target, raising speculation that the Fed would lift interest rates earlier than expected.

In late New York trading, the euro declined to 1.0794 dollars from 1.0799 dollars in the previous session, while the dollar bought 118.77 Japanese yen, lower than 118.85 yen of the previous session. Endite