Rupee registers slight gain against US dollar
Internationally, currency markets showed signs of fatigue early in Asian trade on Wednesday, with traders cautious over US President Donald Trump’s efforts to bring an end to the war with Iran. The euro edged higher, up 0.1% at $1.1619, with most other currency pairs remaining unchanged. The British pound was up 0.1% at $1.3428, while the New Zealand dollar was flat at $0.5834. Against the yen, the US dollar was steady at 158.645 yen, after the release of minutes from the Bank of Japan’s January policy meeting showed many board members saw the need to keep raising interest rates without any specific pace in mind.