The dollar fell to a three-week low after the Federal Reserve held off on raising interest rates.
The
U.S. central bank declined to boost its short-term interest-rate target
at its policy-setting meeting in Washington, opting to delay an
increase amid stubbornly low inflation, an uncertain outlook for global
growth and recent financial-market turmoil.
The
Bloomberg Dollar Spot Index dropped 0.4 percent percent to 1,196.46 as
of 2:10 p.m. in New York, reaching the lowest level since Aug. 26. The
U.S. currency declined 0.8 percent to $1.1378 per euro.
Source : Bloomberg
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