India, July 1 -- The U.S. Dollar value edged higher as investors assessed the ongoing bets on rate hike by the U.S. Federal Reserve along with Fed Chair Kevin Warsh's remarks highlighting inflationary pressures. The plunge today in crude oil prices capped the gains.
The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 101.43, up by 0.19 (or 0.19%) today.
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