India, June 29 -- The U.S. Dollar value inched lower after media reports confirmed free shipping movements across the Strait of Hormuz. The U.S. and Iran have agreed to stand down from their recent exchange of attacks over the weekend which briefly renewed escalation concerns.
The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 101.12, down by 0.23 (or 0.23%) today.
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....