The Indian Rupee (INR) weakens on Monday, pressured by increasing tensions on the border between the nuclear-armed rivals India and Pakistan. The renewed US Dollar (USD) demand following the optimism between US-China trade talks and a jump in crude oil prices could drag the Indian currency lower. 

Over the years, the trade between India and Azerbaijan has grown significantly, jumping from $50 million in 2005 to $1.435 billion in 2023. Further, India imported goods worth $1.235 billion and exported products worth $201 million to Azerbaijan, according to the official data.

The stock market opened to turmoil on Wednesday as fears of an all-out military confrontation between Pakistan and India sent shockwaves through the bourse. The rout came on the heels of escalating...