The U.S. Federal Reserve on Wednesday kept its benchmark interest rate unchanged at the record-low level of near zero amid mounting fallout from the COVID-19-induced recession, and projected interest rates to remain at the current level through at least 2022.
The dollar index, which measures the greenback against six major peers, decreased 0.36 percent at 95.9841 in late trading.
In late New York trading, the euro rose to 1.1389 U.S. dollars from 1.1343 dollars in the previous session, and the British pound rose to 1.2765 dollars from 1.2739 U.S. dollars in the previous session. The Australian dollar rose to 0.7017 U.S. dollar from 0.6965 dollar.
The U.S. dollar bought 107.11 Japanese yen, lower than 107.73 Japanese yen of the previous session. The U.S. dollar fell to 0.9437 Swiss franc from 0.9501 Swiss franc, and it fell to 1.3383 Canadian dollars from 1.3394 Canadian dollars.
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