Mumbai: In early trading on Wednesday, Indian Rupee slipped by 14 paise and now rests at 71.25 against the US Dollar. The fall is the result of the rising demand for US Dollars by bankers and importers, informed the dealers at forex market.
A minor fluctuation was seen in the local unit as it recorded intra-day high and low at 71.37 and 71.23 respectively, they added.