The U.S. dollar index decreased against most other major currencies in late trading on Friday, after wavering between gains and losses, as investors digested the country's newly-released economic growth report for the first quarter of 2018.

U.S. gross domestic product (GDP) increased at a 2.3-percent annual rate for the first quarter of 2018, beating market consensus of a 2-percent gain, but lower than the 2.9-percent growth rate in the previous quarter, the Commerce Department said on Friday.

"As for growth, the quarter was actually pretty good despite the slowdown in headline GDP growth. It would have been 2.9 percent if not for the hangover from Q4 storm-related spending on autos and home repair," said Chris Low, chief economist at FTN Financial, in a note.

On other economic news, the final reading of U.S. Consumer Sentiment Index came in at 98.8 in April, above market estimates, according to a survey released by the University of Michigan on Friday.

The dollar index, which measures the greenback against six major peers, was down 0.03 percent at 91.537 in late trading.

In late New York trading, the euro rose to 1.2123 dollars from 1.2107 dollars in the previous session, and the British pound was down to 1.3784 dollars from 1.3923 U.S. dollars in the previous session. The Australian dollar increased to 0.7581 dollar from 0.7552 dollar.

The U.S. dollar bought 109.03 Japanese yen, lower than 109.37 Japanese yen of the previous session. The U.S. dollar fell to 0.9879 Swiss franc from 0.9893 Swiss franc, and it dipped to 1.2834 Canadian dollars from 1.2872 Canadian dollars.