USD/INR closed at 68.8025 against its opening of 68.75.
Dollar under pressure after Fed fuels bets on large rate cut.
Sensex provisionally ends 560 points lower at 38,337, with all but four components in the red.
ECB to cut rates in September, QE 2.0 still on the cards - analyst poll.
U.S. sanctions network selling materials for Iran nuclear programme.
North Korea says nuclear talks at risk if U.S.-South Korea exercises go ahead.
South Korea's central bank surprises with rate cut as Japan row adds to risks.
U.S., Japan eye possible small trade deal by September: sources.
Japan's core inflation hits 2-year low, might push BOJ to ease again soon.
Iran ready to talk if U.S. lifts sanctions, Pompeo skeptical.
Japan trade minister blasts South Korea for 'mistaken' explanation after bilateral meeting.
Oil jumps, Brent up more than 2% after U.S. Navy downs Iranian drone.
China makes biggest U.S. sorghum purchase since April as trade talks resume.
Trump administration erects another barrier to immigrants seeking U.S. asylum.
Worried UK employees call for changes to proposed immigration reform.
China to tighten restrictions on scrap metal imports.
Gold inches down as strong U.S. retail sales lift dollar.
Asia stocks firm as Fed props up rate cut expectations.
Chance of no-deal Brexit rises as Johnson leads Hunt - poll.
Dollar closed at 70.53 against its opening of 70.14. Dollar/rupee ended higher in both onshore and offshore markets during afternoon on likely FII outflows from the local stocks and concerns over escalating trade tension between the US and China. Foreign banks including Deutsche Bank and JP Morgan Chase are on the buy side and FIIs are pulling out of local equities. Oil bids are also supporting the spot. The US and China remained deadlocked after Sunday's trade negotiations in Washington as the US demanded promises of concrete changes to Chinese law and China said it would not swallow any "bitter fruit" that harmed its interests. The trade conflict escalated on Friday, with the US raising tariffs on $200 billion worth of Chinese goods.
Adding to that, the worsening Iran-US relations turned market sentiments jittery. The US military has deployed forces, including an aircraft carrier and B-52 bombers, to the Middle East in a move US officials said was to counter the threats from Iran to its troops in the region
Sensex fell 372 points to 37,090 while Nifty ended 1.2% lower at 11,148.
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