Dollar hit a five-week high following US interest rate hike

The US dollar rose against a basket of currencies today following the Federal Reserve’s decision to raise interest rates to a range of 3. 75% to 4%. The dollar index rose 0. 3% to 99. 961 points, reaching its highest level in about five weeks. The euro fell 0. 3% to $1. 1502, while the British pound decl. .

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