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Re ENDS AT 47.8 AGAINST $ (interbank forex market witnesses generally quiet but cautious trade with fears of war between USA and Iraq).
(From India Business Insight)
The rupee traded in a tight range of Rs47.795-Rs47.8225 and closed at Rs47.80/47.805 per dollar on 31 Jan 2003. The interbank foreign exchange market witnessed generally quiet but cautious trade with light dollar demand from State-run banks.
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