Dollar slips against pound as US currency steadies after Fed holds rates

The dollar fell against the Egyptian pound while stabilizing against major currencies after the Federal Reserve held interest rates steady on Thursday.

• The dollar declined against the Egyptian pound in 10 banks at Thursday's close, with declines ranging from 7 to 17 piasters.
• Midday trading saw the dollar regain gains in three Egyptian banks, rising 2 to 3 piasters from morning levels.
• The Federal Reserve held rates steady by a 10–2 vote, postponing any borrowing-cost change until after next week's midterm elections.
• In early Asian trading the euro fell 0.15 percent to 1.1134 dollars, while the dollar rose 0.14 percent against the yen to 158.045.