India, June 18 -- The U.S. Dollar value edges higher following the projections by the Federal Open Market Committee which indicated a higher interest regime for the rest of the year. Concerns over oil output restoration despite the resumption of shipping traffic across the Strait of Hormuz added support to the dollar.
The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 100.83, up by 0.48 (or 0.48%) today.
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