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Rupee rallies as BJP leads in exit polls

Rupee rallies as BJP leads in exit polls
The rupee rose to a five-week high against the dollar and stocks jumped to near record highs on Thursday as exit polls predicted a strong showing for the key opposition party in recent state elections. Confirmation of a strong showing by the opposition Bharatiya Janata Party when results are out on Sunday would be seen as bolstering its chances of victory in general elections due by May, according to analysts. The BJP and its prime ministerial candidate Narendra Modi are perceived by many ...
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