The Indian rupee weakened past 48 per dollar on Tuesday for the first time since January 2003 as concerns intensified about foreign fund out
flows amid a global financial crisis.
At 9:03 a.m. (0333 GMT), the partially convertible rupee was at 48.01/48.02 per dollar, after falling 1.5 percent on Monday to 47.80/81.
Source: EconomicTimes
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