By Ye Xie Sept. 23 (Bloomberg) -- The dollar advanced from a one-year low against the euro as a drop in stocks before the Federal Reserve’s policy announcement today reduced demand for higher- yielding assets funded in the U.S. currency. Norway’s krone climbed to a one-year high versus the dollar as Norges Bank considered increasing the overnight deposit rate, which it left unchanged at 1.25 percent. New Zealand’s dollar strengthened as the nation’s economy unexpectedly grew for the first time in six quarters. The dollar appreciated 0.2 percent to $1.4765 per euro at 10:07 a.m. in New York, from $1.4790 yesterday, after earlier declining to $1.4842, the weakest level since Sept. 22, 2008. The U.S. currency rose 0.4 percent to 91.47 yen, from 91.10. The yen weakened 0.2 percent to 135.04 per euro, from 134.76.

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