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Dollar falls to 2-month low versus currency basket
May 1, 2013 / 8:46 AM / 4 years ago

Dollar falls to 2-month low versus currency basket

LONDON, May 1 (Reuters) - The dollar fell to a two-month low against a basket of currencies on Wednesday on expectations the U.S. Federal Reserve will stick to its aggressive stimulus programme when it announces a decision later in the day.

The dollar index dropped as low as 81.596, its weakest since late February.

It was also dragged lower by falls against the pound , which rose to a 2-1/2 month high after a better-than-expected UK purchasing managers’ survey on manufacturing.

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