Mumbai: The rupee on Monday slipped four paise to 83.15 in the opening session on rising demand for US Dollar by bankers and importers, dealers at the Foreign Exchange said.

The local unit was seen as weak due to a strong dollar against other world currencies along with a rebounding equity market in early trade.

The rupee recorded intraday highs and lows at 83.12 and 83.18, respectively, dealer added.