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Rupee stages modest recovery

MUMBAI: The rupee on Thursday recovered moderately to close at 40.4150/4250 against the dollar on modest gain in equity markets and expectations of higher capital inflows. In a lacklustre trade at the interbank foreign exchange market, the Indian unit opened better at 40.40/42 from Wednesday’s close of 40.45/46. Later, it was trapped in a narrow range of 40.39 and 40.48. It ended the day at 40.4150/4250. — PTI

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