Rupee down 11 paise against USD

The rupee on Tuesday slipped 11 paise to 82.83 against the USD.

Mumbai, Sep 5 : The rupee on Tuesday slipped 11 paise to 82.83 against the USD in opening trade on rising demand for US dollars by bankers and importers, dealers at Foreign Exchange said.

The local unit was seen as weak against other world currencies, along with a positive opening in the stock market.

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The rupee recorded intraday highs and lows at 82.80 and 82.86, respectively, the dealer added.