Dollar rises from one-year low

Dollar rises from one-year low

The dollar rose from a one-year low as Federal Reserve Bank of Atlanta President Dennis Lockhart called a June interest-rate increase 'a real option', helping stall the greenback’s slide, Bloomberg reports.

The US currency climbed the most since December as Lockhart said two rate rises this year are possible, after the central bank opted to hold monetary policy steady last month.

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