The dollar slid to a 13-year low against the yen today and had its biggest one-day decline versus the euro after the Federal Reserve reduced its target interest rate Tuesday.
The dollar fell to 87.14 yen, the lowest since July 1995 yesterday. It dropped to $1.4437 per euro from $1.4002, the weakest since Sept. 30. The dollar is now down more than 11% versus the euro this month. It is down 8% for the month versus the yen.
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