<p>"People are buying dollars as if there is no tomorrow," said a foreign exchange dealer with a private-sector bank. </p>.<p> At 9:09 a.m. (0339), the partially convertible rupee was at 47.93, weaker than Tuesday's close of 47.59/60. It had hit 48, a level last reached on Sept. 29, 2009.</p>
<p>"People are buying dollars as if there is no tomorrow," said a foreign exchange dealer with a private-sector bank. </p>.<p> At 9:09 a.m. (0339), the partially convertible rupee was at 47.93, weaker than Tuesday's close of 47.59/60. It had hit 48, a level last reached on Sept. 29, 2009.</p>