Yes, that is fine, and probably better, as the continuous tense suggests that it has stopped for a while ( and therefore may be more likely to stay dry)
October 13, 2015
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Yes. There's a subtle difference in connotation -- "stops raining" envisages the possibility it may resume, where "has stopped" does not -- but practically, both are used interchangeably in this situation.
October 13, 2015
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