Forex, interest rate traders turn cautious after Kashmir attack

 



India’s foreign exchange and interest rate traders have adopted a cautious stance amid concerns over a potential escalation in tensions between New Delhi and Islamabad, following a deadly militant attack in Kashmir.

On Tuesday, suspected militants killed 26 civilians at a tourist spot in Kashmir—the deadliest such incident in nearly 20 years. Indian Foreign Secretary Vikram Misri indicated cross-border involvement in the attack.

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