Mumbai, (Thestates.news) | Erasing gains the Rupee on Wednesday slipped 14 paise to close at 85.85 on rising demand for US Dollar by bankers and exporters, dealers at the Forex Market said. The local unit that dropped 12 paise at 85.83 in the opening session and finished at 85.85, slid 14 paise as compared to its last close. The Rupee recorded intra-highs and lows at 85.78 and 85.87 respectively, the dealer added. (UNI)