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AFP: Rupee ends at 47.80/81 per dollar
 
Indian rupee ended trading once again in the red Monday at 47.80/81 per dollar mainly on fears of foreign fund outflows and dollar demand from importers.

Foreign funds have pulled out a net $9.4 billion from Indian stocks so far in 2008 after buying a record $17.4 billion last year.

Meanwhile Asian oil prices fell below $90 a barrel to its lowest in eight months, pressured by expectations that the global credit crisis would bring a sharp fall in oil demand.
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