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Rupee ends higher

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MUMBAI: The rupee ended at a fresh nine-year high on Friday at 40.3200/3250 against the U.S. currency, stronger by three paise from the previous close on strong portfolio inflows and weakness in dollar overseas.

In somewhat lacklustre trade, the local currency was trapped in a small range of 40.31 and 40.35 after resuming better at 40.3350/3450. The rupee drew support from encouraging cues from other high-yielding Asian currencies. — PTI


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