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At 12:16 p.m., the partially convertible rupee was at 48.03/04 per dollar, its lowest since Dec. 20, 2002 and 0.5 per cent weaker than 47.80/81 at close on Monday.
India's main share index was down 1.5 per cent as investors were unable to shake off jitters about global economic woes, after initially rising as much as 3.2 per cent on liquidity boosting measures by regulators.


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