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US Dollar Rises As Fed Leaves Interest Rates Unchanged

The US Federal Reserve was announced its key interest rate at 12:30 pm ET Wednesday. The Federal Open Market Committee or FOMC remained its key interest rate unchanged at 0.0%-0.25%.

Following the announcement, the US dollar spiked up against other major currencies and presently trading near 81.52 against the yen, 0.9115 versus the Swiss franc, 1.3190 against the euro and 1.6140 versus the British pound.

by RTT Staff Writer

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