Rupee opens steady at 83.14 against USD

Mumbai: The rupee on Wednesday opened almost flat at 83.14, rising one paisa against the USD in the opening session on the sale of US dollars by bankers and exporters, dealers at the Foreign Exchange said.

The local unit moved up due to a weak dollar against other world currencies and a rebounding equity market in early trade.

The rupee recorded intraday highs and lows at 83.12 and 83.16, respectively, the dealer added.

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