INQUIRER.net: Dollar falls as Fed maintains stimulus

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Dollar falls as Fed maintains stimulus Sep 18th 2013, 23:52 NEW YORK CITY – The dollar Wednesday tumbled against other major currencies after the Federal Reserve's surprise decision to maintain its aggressive monetary stimulus program.   The euro traded at $1.3511 around 2200 GMT, up sharply from $1.3356 late Tuesday.   The dollar bought 98.13 yen, down from 99.14 a day earlier.   The euro traded at 132.55 yen, up slightly from 132.38.   The dollar also skidded against the British pound and the Swiss franc.   Heading into Wednesday, investors had been primed for the Fed to scale back its $85 billion per month bond-buying program. Many experts predicted the program would be reduced by $1... Keep on reading: Dollar falls as Fed maintains stimulus Media files: us-dollars1.jpg (image/jpeg)

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