U.S. Fed's surprise decision to sustain stimulus grants a lifeline to embattled emerging markets.
Reprieve for the Fragile Five only temporary

Indian currency among top Asian winners from U.S. Fed's decision not to taper stimulus.

By Gertrude Chavez-Dreyfuss

NEW YORK, Sept 18 (Reuters) - The dollar sank to a seven-month low on Wednesday after the Federal Reserve shocked investors by deciding to continue its massive stimulus program, citing strains in the U.S. economy.

In its statement, the Fed said it would await evidence of a more stable economy before adjusting the pace of its purchases. The market was widely expecting the Fed to reduce its $85-billion-per-month asset-buying scheme by at least $10 billion.

A bold African first that would deepen the continent's ties with Beijing, already a big investor from The Cape to Cairo.

China says will contribute lion's share to a fighting fund to steady currency markets. | Brittle BRICS

Over the past 10 years, $103M in fake U.S. dollars have been seized.

Peruvian counterfeiting craftsmen, low paid but adept, take global lead in faking U.S. banknotes.

Investors fret after Indonesia government reports a record monthly trade deficit.

Wants coordinated intervention after an emerging-markets currency rout the past three months.

Forecasts the lira will strengthen this year from record lows, while vowing not to hike interest rates to help it do so.