Rupee falls 84 paise to close at 85.61 against US Dollar amid India-Pakistan tensions
Thursday, 8 May 2025 () The Indian rupee plummeted to 85.61 against the US dollar due to escalating geopolitical tensions with Pakistan, compounded by a strong US dollar and rising crude oil prices. Pakistan's military actions and India's retaliatory strikes in PoK heightened risk aversion, impacting domestic markets. Despite FII inflows, the rupee faces continued pressure amid ongoing uncertainties and global economic factors.
The United Nations Security Council will convene an emergency closed-door session today to discuss escalating tensions between India and Pakistan following the April 22 Pahalgam terror attack. Pakistan plans to raise concerns over India's suspension of the Indus Waters Treaty and other retaliatory...
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The Indian rupee weakened to 84.66 against the US dollar. This decline followed India's military actions, Operation Sindoor, against terrorist facilities in... IndiaTimes
Thursday, 8 May 2025 ()
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