London-Sana
The dollar recorded the biggest drop in more than a month today, after the US central bank raised interest rates by 50 basis points, but ruled out the idea of a larger rate hike soon.
Reuters reported that the dollar index fell from its highest level in five years and fell 0.9 percent to 102.450.
The Australian and New Zealand dollars rose and the Australian dollar made its biggest daily gain in more than ten years.
The euro rose by about one percent, and recorded in its latest trading, 1.0606 dollars.
The Japanese yen also rose, recording 130 against the dollar, and in its latest transactions, it reached 129.26 against the dollar.
Sterling rose more than 1 percent to $1,2605, and markets are poised to raise the Bank of England interest rate by 25 basis points later in the year.
The Australian dollar jumped 2.2 percent, its largest increase since the end of 2011.
And in its latest trading, it was recorded at $0.7236, slightly down from its peak recorded in the evening at $0.7265.
The New Zealand dollar rose 1.7 percent, the largest one-day increase in two years, at $0.6537.
Follow Sana's news on Telegram https://t.me/SyrianArabNewsAgency