Markets

Dollar index hits 13-1/2 year high after Yellen

Published November 17, 2016 Updated November 17, 2016 05:06pm

1 min

By Shoaib Ur Rehman

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NEW YORK: The dollar on Thursday climbed to fresh 13-1/2 highs versus a basket of major currencies after Federal Reserve Chair Janet Yellen finished her appearance before the Congress's Joint Economic Committee.

The dollar index, which measures the greenback against a group of six currencies, was last up 0.2 percent at 100.61 after hitting 100.65 which was its highest since April 2003.

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