# India-Pakistan conflict pushes rupee to worst day in over two years | Reuters

> The rupee weakened sharply to its steepest fall in more than two years, closing down 1% at 85.71 per dollar. The drop followed India's statement that it had neutralised Pakistani attempts to target military sites, and Indian equities and bonds also sold off, with the 10-year bond yield rising about 7 basis points.

- Date: 2025-05-08 · published 2025-05-08T12:00:00.000Z
- Category: geopolitics · region India · magnitude medium
- Page: https://feedsoft.ai/events/24971-india-pakistan-conflict-pushes-rupee-to-worst-day-in-over-two-years-reuters
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Geopolitical tension raises risk premia and capital outflows, which weaken the rupee and make dollar-priced feed imports more expensive for India. Continued escalation could keep import costs elevated.

## Read by commodity

- USDINR: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/india/india-pakistan-conflict-pushes-rupee-worst-day-over-two-years-2025-05-08/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.