Indian Rupee Finishes Flat Amid Stock Slump

The Indian rupee closed nearly unchanged on Monday as a sharp drop in local equities and active dollar buying by importers erased early gains. Market participants now look toward upcoming US elections and RBI meeting minutes.

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A man walks past a Rupee installation at the Reserve Bank Of India (RBI) headquarters in Mumbai, India, April 8, 2026. REUTERS/Francis Mascarenhas

The India rupee closed nearly unchanged on Monday at 94.9250 per dollar, erasing modest early gains after domestic equities slumped.

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