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Rupee rebounds against $

MUMBAI: The rupee rallied smartly on Thursday and closed at 44.3350/3450 a dollar, up 16.50 paise from the previous close of 44.49/50 following a rebound in equity markets coupled with heavy exporters' dollar sales.

In volatile trading at the interbank foreign exchange market, the Indian unit fluctuated in the range of 44.3350 and 44.5700 after opening weak at 44.54/56 but generally moved upwards after touching the day's low during early trade. — PTI

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