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java - Removing Dollar and comma from string

How can we remove dollar sign ($) and all comma(,) from same string? Would it be better to avoid regex?

String liveprice = "$123,456.78";
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do like this

NumberFormat format = NumberFormat.getCurrencyInstance();
Number number = format.parse("$123,456.78");
System.out.println(number.toString());

output

123456.78

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