MUMBAI (Reuters) - The rupee strengthened on Tuesday, extending gains for a third straight day, on expectations of a surge in domestic equities after the ruling coalition won the national elections.
At 9:04 a.m. the partially convertible rupee was at 47.50/58 per dollar after opening at 47.45, the strongest since Dec. 22, and above Monday's close of 47.88/90 when it rose 3.2 percent in its biggest one-day gain in 11 years.
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