Bloomberg News

Dollar Rises Versus Euro as Fed Says Economy Grows ‘Moderately’

By Dennis Fitzgerald
December 13, 2011

Dec. 13 (Bloomberg) -- The dollar appreciated against the euro after the Federal Reserve said the economy in the U.S. is maintaining its expansion even as the global economy slows. It refrained from taking new actions to lower borrowing costs.

To contact the editor responsible for this story: Dennis Fitzgerald at dfitzgerald5@bloomberg.net

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