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USD/INR opened at Rs 69.62 Tuesday compared to previous close of Rs 69.67. USD/INR opened down on Tuesday on selling by foreign banks and expectations of FII inflows into local stocks. Foreign banks including BNP Paribas are on the sell side. There are FII inflows into local equities. Also, the dollar is weak compared to the level at the close of Indian markets yesterday.Local stocks opened higher as earnings revival hope boosted investor sentiment even as mixed Asian markets and a surge in crude oil prices looked to dampen demand for risky assets.Adding to that, the greenback remained subdued against other major currencies following a weak home sales data from US amid thin post-holiday trades.......


The United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to choke off Tehran’s oil revenues which sent crude prices to six-month highs on fears of a potential supply crunch.The Trump administration on Monday said it will not renew exemptions granted last year to buyers of Iranian oil, a more stringent than expected decision that caught several key importers who have been pleading with Washington to continue buying Iranian oil sanctions-free.The United States reimposed sanctions in November on exports of Iranian oil after U.S. President Donald Trump last spring unilaterally pulled out of a 2015 accord between Iran and six world powers to curb Tehran’s nuclear program.......

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USD/INR trading at 69.75 against its opening at 69.62.

Asian shares steady after Easter weekend; oil hits 2019 highs.

Oil near 2019 highs after U.S. ends all Iran sanction exemptions.

Sensex recoups losses, gains 75 points, Nifty tests 11,600.

Saudi can raise oil output but will assess impact of Iran waivers ending.

U.S. to end all waivers on imports of Iranian oil, crude price jumps.

Russia, OPEC may ditch oil deal to fight for market share: Russian minister.

Weak first quarter seen for U.S. refiners, but brighter summer expected.

Japan's Aso to travel to U.S. on April 25 for meeting with Mnuchin: source.

EU gives May till 31st October for Brexit, seeking clarity.

Dollar broadly higher in thin post-holiday trade; euro, Aussie dip.

India to get extra oil from major producers to make up for Iran oil loss: minister.

Japan expects limited impact from U.S. move to scrap Iran oil sanctions waivers.

Gold steadies as strong equities counter support from U.S.-Iran jitters.

Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC' - sources.

Japan seen hiking sales tax to 10 percent in October, fourth-quarter GDP to contract.

MCX crude oil price rises 0.2 percent to 4,605 rupees per barrel from its last close of 4,593 rupees.