The dollar sank against the euro, yen and its other rivals Thursday after Federal Reserve policy makers left interest rates unchanged. The euro rose to $1.1395, its highest level since Aug. 26, from $1.1340 immediately before the decision was released. The dollar fell to 120.39 yen from 120.90 yen beforehand. The dollar also weakened against a host of emerging-markets currencies including the Mexican peso, which rose to its highest level against the dollar since Aug. 19 after the decision. The peso recently traded at 16.44 to the dollar up from 16.60 beforehand.
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