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Indian rupee ends flat as stock slump, importer hedging erodes bounce

MUMBAI: The Indian rupee closed nearly unchanged on Monday, erasing modest early gains after local stocks slumped and importers stepped in to buy dollars over a largely subdued trading session. The Indian rupee hovered between 94.76 and 94.96 through the day before closing the session at 94.9250, nearly flat compared with its closing…

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