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Rupee surges 23 paise to 47.87 a dollar in opening trade

The Indian rupee strengthened by 23 paise to a two-month high of 47.87 against the US currency in opening trade on Thursday on dollar selling by exporters.

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The Indian rupee strengthened by 23 paise to a two-month high of 47.87 against the US currency in opening trade on Thursday on dollar selling by exporters.

Dealers said dollar selling by exporters and weaker US currency overseas mainly supported the Indian rupee.

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