Mumbai, Oct 3 (UNI) The rupee on Tuesday slipped 16 paise to 83.21 against the USD in opening trade on rising demand for US dollars by bankers and importers, dealers at Foreign Exchange said.

The domestic unit was seen under pressure against other world currencies, along with a negative opening in the stock market.

The rupee recorded intraday highs and lows at 83.21 and 83.26, respectively, the dealer added.

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