Operation Sindoor impact: Indian rupee dips 45 paise to close at 84.80 against US dollar on heightened cross-border tensions

Following India's 'Operation Sindoor' against terrorist facilities in Pakistan and Pakistan-Occupied Kashmir, the rupee weakened by 45 paise, closing at 84.80 against the US dollar. The military action, involving missile strikes on terror targets, impacted the domestic currency's performance. Despite geopolitical tensions and rising crude oil prices, domestic equity markets closed positively, with both the Sensex and Nifty experiencing gains.

May 7, 2025 - 21:00
 0  0
Operation Sindoor impact: Indian rupee dips 45 paise to close at 84.80 against US dollar on heightened cross-border tensions
Following India's 'Operation Sindoor' against terrorist facilities in Pakistan and Pakistan-Occupied Kashmir, the rupee weakened by 45 paise, closing at 84.80 against the US dollar. The military action, involving missile strikes on terror targets, impacted the domestic currency's performance. Despite geopolitical tensions and rising crude oil prices, domestic equity markets closed positively, with both the Sensex and Nifty experiencing gains.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow