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CURRENCIES

US$ hits 2-month high on expected rate hike

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The US dollar hit a two-month high against a basket of currencies on Wednesday on expectations the Federal Reserve is on course to raise interest rates in the coming months.

London

THE US dollar hit a two-month high against a basket of currencies on Wednesday on expectations the Federal Reserve is on course to raise interest rates in the coming months.

The euro, though, held its ground and rose against the yen on relief that there was progress in Greek

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