Dollar closed at 65.0350 against its opening at 64.9700.Dollar closed up on buying by nationalised and private banks amid oil importers' demand and overseas fund outflows from local stocks, Investors will remain cautious ahead of release of minutes of Reserve Bank of India-Monetary Policy Committee October meeting. Oil prices rose after the American Petroleum Institute reported a huge drawdown in United States crude oil inventories and concerns that tensions in the Middle East could disrupt supplies. Firm Asian currencies amid subdued dollar."In Asian trades, dollar is a little subdued, which will support the dollar,".......
Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as investors waited to see what policies might emerge from China’s Communist Party conference.Gold prices inched up on Wednesday from a one-week low with the dollar holding steady, but speculation that President Donald Trump might pick a policy hawk to lead the U.S. Federal Reserve weighed on the metal.Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies.China will build a “clean and clear” internet space, President Xi Jinping said on Wednesday at the opening of a key Communist Party congress.......