The dollar is cheaper

The Federal Reserve System, the Federal Reserve Committee of the Federal Reserve, decided to keep the discount rate at the previous level (around 2.25-2.5%).
According to Oxu.Az, the FED decided not to increase the rate of registration in 2019, due to the fact that the delegates were concerned that the economic growth rates would diminish.

Many economic commentators predicted that interest rates could be raised one to two percent. In the United States alone, the rate of registration in 2018 has been increased three times by 0.25 percent.

Increasing the interest rate usually leads to the increase of the dollar against other currencies.

However, after the Fed's latest decision, the dollar's decline was observed in world currency markets. As of 09.15 Baku time, the rate of euro against the dollar rose to $ 1,1423. The dollar's rate of yen again dropped to 110.55.