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CURRENCIES

Dollar's best year since 1997, further rise likely

Friday, January 2, 2015 - 05:50

New York

THE US dollar ended 2014 with a gain of nearly 13 per cent against a basket of major currencies on Wednesday, its strongest year since 1997 and, according to most major banks, just a prelude to a further rise next year.

Traders favoured the dollar as the year's winning bet