India, July 8 -- The U.S. Dollar value ticked lower as investors assessed the release of minutes from the latest U.S. Federal Reserve's meeting in the backdrop of renewed tensions in the Middle East due to new U.S. and Iran conflict while mild recovery in stock markets later today lowered the liquidity demand for dollar.

The U.S. Dollar Index, DXY, which measures the Greenback against a basket of other major currencies was last seen trading at 101.06, down by 0.12 (or 0.12%) today.

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