The Indian rupee weakened by 40 paise on Wednesday, marking its steepest single-day decline in over a month. The fall was triggered by heightened geopolitical tensions after India conducted targeted military strikes on terror infrastructure in Pakistan and Pakistan-Occupied Kashmir.In the early hours of the day, Indian armed forces launched “Operation Sindoor,” striking nine terror-linked sites in response to the recent Pahalgam attack that claimed 26 civilian lives. The military described the operation as “focused, measured, and non-escalatory,” emphasizing that civilian and official military facilities were deliberately avoided. However, the scale and timing of the strikes have raised regional tensions, weighing heavily on investor sentiment and the rupee's stability.
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