The dollar fell today, Wednesday, after the decision of the Federal Reserve (the US central bank) to raise interest rates by a quarter of a percentage point, as was expected.
The Federal Reserve is expected to decide on an additional interest rate increase of at least 25 basis points by the end of 2023.
The dollar index, which measures the performance of the US currency against 6 major currencies, fell by 0.465% to 102.680, with the euro rising 0.62% to $1.0834, according to Reuters.
The Japanese yen fell by 0.43% against the dollar at 131.88 yen per dollar, while the pound sterling traded at 1.2288 dollars in the last trading, up 0.57% during the day.
The increase in interest rates by 25 basis points is the second, after the Council raised interest by 50 basis points last December, following four consecutive increases of 75 points, according to the Qatar News Agency. "Qena".
