Mumbai: The rupee on Wednesday rose 5 paise to 83.12 in the opening session on the sale of US dollars by bankers and exporters, dealers at the Foreign Exchange said.

The local unit advanced due to a weak dollar against other world currencies and a rebounding equity market in the opening session.

The rupee recorded intraday highs and lows at 83.10 and 83.15, respectively, the dealer added.