Rupee down 14 paise against USD

Mumbai, Aug 25 :  The rupee on Friday dropped 14 paise to 82.84 against USD in opening trade on rising demand for US dollars by bankers and importers, dealers at Foreign Exchange said.

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

The rupee recorded intraday highs and lows at 82.75 and 82.86, respectively, the dealer added.