Rupee down 9 paise against USD

Mumbai, Aug 11 :  The rupee dropped nine paise against the USD in opening trade on rising demand for the US Dollar by bankers and importers, dealers at Foreign Exchange said.

The local unit was seen as weak against other world currencies amid a negative opening in the stock market.

The Rupee recorded intraday highs and lows of 82.75 and 82.80, respectively.