The Indian rupee slipped 7 paise to 73.17 against the US dollar in opening trade, tracking a strong American currency in the overseas market and muted trend in domestic equities.

At the interbank foreign exchange, the rupee opened at 73.12 against the dollar, then fell to 73.17, registering a decline of 7 paise from the last close. In the previous session, the rupee had settled at 73.10 against the US dollar.