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08.05.25 - 14:36
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Rupee falls 84 paise to close at 85.61 against US Dollar amid India-Pakistan tensions (Times of India)
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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....
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03.05.25 - 14:00
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India′s forex at $688 billion and counting: Where does Pakistan stand? (Times of India)
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India and Pakistan, once sharing economic fates, now exhibit a stark contrast in foreign exchange reserves. India's reserves soared to over $688 billion due to liberalization, a booming service sector, and consistent policies. Pakistan's reserves struggle at $15 billion, hampered by political instability, reliance on external aid, and limited export diversification....
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