NEW YORK, Jan 22 (Reuters) - The dollar pared losses against a basket of currencies on Monday, after news that Republican leaders in the U.S. Senate had rounded up enough votes to move a stopgap funding bill that would end a government shutdown.
The U.S. government shutdown took effect at midnight on Friday after Democrats and Republicans failed to agree on a last-minute deal to fund government operations.
On Monday, Democratic Senate leader Chuck Schumer said the government would reopen in a "few hours." The dollar index , which tracks the greenback against six major currencies, was down 0.04 percent to 90.538, after falling as low as 90.155 earlier in the session.
The greenback jumped to a four-day high of 111.22 yen against the Japanese currency.
(Reporting by Saqib Iqbal Ahmed Editing by Chizu Nomiyama)
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