Rupee down 11 paise against USD

Mumbai: The Rupee on Monday slipped by eleven paise to 73.27 at closing session against the US Dollar on rising demand for US Dollar by bankers and importers, dealers at the Forex Market said.

The local unit that moved up by two paise to 73.14 in the opening trade, finished at 73.27, sliding by eleven paise as compared to its previous close.

The rupee was seen weak owing to firm Dollar against other world currencies amid robust equity market, the dealers added.

The rupee registered intra days high and low at 73.32 and 73.10 respectively, they further added.


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