India, Aug. 5 -- The U.S. Dollar value ticked lower with concerns of high interest rate in the U.S. diminishing after oil-linked inflationary pressure receded due to a fall in the crude oil prices following a reassurance by U.S. President Donald Trump that the Strait of Hormuz will reopen soon.
Today, the U.S. Dollar Index DXY which measures the Greenback against a basket of other major currencies was last seen trading at 99.70, down by 0.16 (or 0.16%).
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