Rupee down 12 paise against USD

The Rupee on Monday slid 12 paise against the USD in opening trade on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.

Mumbai, July 11: The Rupee on Monday slid 12 paise at 79.37 against the USD. In opening trade on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.

The local unit was seen weak in early trade owing to firm Dollar against other world currencies.

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The Rupee unit registered days high and low at 79.30 and 79.40 respectively against the US Dollar, dealer added.