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U.S. dollar pares losses as Senate votes to end gov't shutdown

Source: Xinhua| 2018-01-23 05:34:45|Editor: huaxia
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NEW YORK, Jan. 22 (Xinhua) -- U.S. dollar pared losses in late trading on Monday after the U.S. Senate voted to end the government shutdown.

The dollar index, which measures the greenback against six major peers, decreased 0.18 percent to 90.405 at 3:00 p.m. (2000 GMT), after falling as low as 90.155 earlier in the session.

The U.S. Senate on Monday voted to advance a three-week funding bill to reopen the federal government after a three-day shutdown.

For the shutdown to end, the Senate and House of Representatives still have to pass the three-week funding bill, with final votes expected later in the day, and send it to President Donald Trump for his signature.

In late New York trading, the euro increased to 1.2257 dollars from 1.2235 dollars in the previous session, and the British pound increased to 1.3982 dollars from 1.3875 U.S. dollars in the previous session. The Australian dollar rose to 0.8012 dollar from 0.8002 dollar.

The dollar bought 110.99 Japanese yen, higher than 110.62 yen of the previous session. The U.S. dollar rose to 0.9625 Swiss franc from 0.9618 Swiss franc, and it was down to 1.2457 Canadian dollars from 1.2482 Canadian dollars. Enditem

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