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Dollar index hits 1-year low below 76.407

Published 09/15/2009, 08:40 PM
Updated 09/15/2009, 08:42 PM

TOKYO, Sept 16 (Reuters) - The dollar hit a one-year low against a basket of major currencies on Wednesday as a sell-off gathered steam with investors moving to riskier assets like stocks and commodities amid growing signs of an economic recovery.

The dollar index fell as low as 76.406, its lowest since September 2008, before inching up to 76.427, down 0.2 percent on the day.

The dollar slipped 0.2 percent to 90.83 yen.

The euro edged up 0.1 percent to $1.4678, hovering just below its 2009 high of $1.4686 hit on trading platform EBS the previous day. (Reporting by Rika Otsuka)

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