The rupee rallied smartly against the US currency and ended at 40.7950/8050 a dollar, dearer by 13 paise from Wednesday’s close of 40.9250/9350 on increased FII inflows and strong equity markets.
In active trade at the Interbank Foreign Exchange (forex) market, the local currency moved widely in a range of 40.73 and 40.97 during the day after resuming steady at 40.93/94 against the greenback.
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