January 17, 2018 / 7:23 PM / 7 months ago

Dollar index holds losses after Fed's Beige Book

NEW YORK (Reuters) - The dollar held its modest losses against a basket of currencies on Wednesday even as the Federal Reserve’s latest Beige Book showed U.S. business activity was expanding with inflation growing at a modest to moderate pace in late 2017.

Bundles of banknotes of U.S. Dollar are pictured at a currency exchange shop in Ciudad Juarez, Mexico January 15, 2018. REUTERS/Jose Luis Gonzalez

At 2:08 pm (1908 GMT), the index that tracks the greenback versus the euro, yen, sterling and three other currencies was last down 0.10 percent at 90.307.

Reporting by Richard Leong

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