Rupee falls 84 paise to close at 85.61 against US Dollar amid...

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2025-05-08 12:31:08 -

Rupee falls 84 paise to close at 85.61 against US Dollar amid India-Pakistan tensions

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...

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