Border Blitz: India & Pakistan Trade Strikes as Markets Sputter—De-escalate or Detonate?

Snapshot of the past 48 hours What happened? Immediate economic reverberations Indicator Latest move Drivers & outlook Indian rupee (1-month NDF) slumped to ₹ 84.65 /$ Flight to safety; RBI expected to sell dollars to cap volatility.(Reuters) Pakistan KSE-100 −3.4 % intraday Foreign outflows and fears of IMF delays.(Bloomberg) Moody’s Continue Reading