India, April 23 -- The U.S. Dollar value inched higher as supply-disruption concerns on crude oil due to the continued blockade of Strait of Hormuz, pushed inflationary pressures higher despite U.S. extending the ceasefire on Iranian attacks.
The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 98.73, up by 0.12 (or 0.12%) today.
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