Mumbai, Nov. 12 -- The dollar index stays firm on persistent inflation that forces US Federal Reserve to maintain its tightening policy. Higher than expected US inflation figures strengthened expectations that the Fed will raise interest rates next month. Going forward, markets will await Thursday's initial jobless claims for fresh impetus. The dollar index that measures the greenback against a basket of currencies is quoting at around 103 mark this morning, reaching its highest level since April 2025. The yield on the 10-year US Treasury note hovered near 5% during Thursday's post-holiday session, holding onto gains from earlier in the week amid growing expectations of additional Federal Reserve rate hikes. Among basket currencies, EUR/U...