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.
USD/INR closed at Rs 69.6850 compared opening of Rs 69.65/$1. USD/INR ends up Tuesday on buying by nationalised banks likely on behalf of oil importers for their month-end dollar payments. Brent climbed above $70 a barrel and the dollar is strong amid political turmoil in Eurozone.
Crude oil prices surged backed by ongoing supply cuts led by OPEC and further supported by supply constraints caused by the US sanctions on Iran and Venezuela.Adding to that, fall in Russian oil production creating a supply glut, which is caused by a contamination issue further added to the rise in oil prices. Brent futures for July delivery traded at $70.05 a barrel.
Supporting the rise in the spot pair, the greenback edged higher against major counterparts as investors remain cautious after the European Union parliamentary elections showed a polarization of the 28-member block.
Two euro zone officials said that the European Commission is planning to start disciplinary steps against Italy on June 5 over the country's rising debt and structural deficit levels, which break European Union rules.
The dollar index, which tracks the movement of greenback against a basket of six major currencies, traded at 97.78 Tuesday compared to 97.72 at close of Indian market on Monday.
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