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Indian Rupee Strengthens Past 50 Per Dollar for First Time Since November

India’s rupee strengthened past 50 per dollar for the first time since November 14.

The currency rose 0.1 percent to 50.0325 as of 9:45 a.m. in Mumbai, according to data compiled by Bloomberg. It touched 49.985 earlier.

To contact the editor responsible for this story: V. Ramakrishnan at rvenkatarama@bloomberg.net

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