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...
India has shut down 24 airports across key border states after major Pakistani air strikes rocked the region. Strategic airfields in Punjab, Rajasthan, J&K, and Gujarat have suspended operations,..
Trump has once again offered to mediate between India and Pakistan amid rising tensions following Operation Sindoor. In his second public statement within 24 hours, Trump said, “I want to see them..
Civilians defence drills were carried out in several cities across India as tensions remain high with Pakistan. Sirens were sounded and blackouts observed in cities like Delhi, Mumbai, Surat,..
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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