Dollar rises after Fed’s Yellen argues for rate increase

September 25, 2015 6:06 AM

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Dollar rises after Fed’s Yellen argues for rate increase

But analysts say market convinced Fed can’t raise rates his year

The dollar rose on Friday in Asia after Federal Reserve Chairwoman Janet Yellen argued the case for the U.S. central bank to begin raising short-term interest rates later this year.

Also read: Azeri cbank head says could revise rates next year

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