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The dollar maintained its gains near its highest level in two weeks during trading on Wednesday, supported by rising US inflation and dovish statements from senior Federal Reserve officials.

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The dollar maintained its gains near its highest level in two weeks during trading on Wednesday, supported by rising US inflation and dovish statements from senior Federal Reserve officials.

The dollar maintained its gains near its highest level in two weeks during trading on Wednesday, supported by rising US inflation and dovish statements from senior Federal Reserve officials.

The dollar index settled at 102.22 points, after rising 0.5% on Tuesday, following the release of data showing that US inflation rose more than expected during October, according to Reuters.

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