The spot Rupee slashed by 19 paise to 47.26 in the opening session against its yesterday's close of 47.07 following the weak start of the stock market.
The local unit recorded its high at 47.55 and low at 47.21 per USD.
The local unit dropped today following low equity market and the Dollar's strength against majors currencies, dealers said.
The partially convertible rupee was at 46.76/77 per dollar, its strongest since November 5 last year and 0.5 per cent above its yesterday's close of 47.03/04.
Rupee had lost by four paise to close at 47.07 yesterday.