World powers including China, Saudi Arabia, and the Group of Seven nations had urged the countries to engage in dialog after dozens of civilians on either side of the border were killed in a series of tit-for-tat attacks. Pakistan’s Deputy Prime Minister Ishaq Dar echoed the ceasefire confirmation, saying “Pakistan has always strived for peace and security in the region, without compromising on its sovereignty and territorial integrity.” Prime Minister Shehbaz Sharif is due to address the nation on Saturday. The Indian rupee weakened 1% against the dollar since India’s initial strikes on Wednesday, with the currency ranking among the worst performers in Asia and seemingly forcing the central bank to intervene to curb excessive volatility.
Author: Bloomberg News
Published at: 2025-05-10 21:03:25
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