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May 12, 2025

USD/INR Strengthens Amidheightened India-Pakistan Tensions

This week, the Indian Rupee weakened, pressured by rising tensions between India and Pakistan. The renewed demand for the US Dollar, sparked by favorable US-China trade discussions, exacerbates the situation. Additionally, an upsurge in crude oil prices could further impact the Indian currency. As events unfold, market participants need to stay alert to these shifting dynamics.

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