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CURRENCIES

US$ inches up as investors brace for rate hike

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The dollar inched up against a basket of major rivals on Monday, with most major currencies range-bound as investors focused on the prospect that this week will bring the first rise in US interest rates in almost a decade.

London

THE dollar inched up against a basket of major rivals on Monday, with most major currencies range-bound as investors focused on the prospect that this week will bring the first rise in US interest rates in almost a decade.

China's yuan hit a 4½-year low in onshore trading

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