Mumbai, Jan. 16 -- The Rupee on Wednesday opened one paisa higher at 71.02 against the US Dollar on selling of the American currency by bankers and exporters, dealers at Forex Market said.

Weak dollar against major global currencies overseas and positive opening in equity market kept the Indian currency positive, they added.

High fluctuation was seen in the local unit as it recorded intra-day high and low at 71.11 and 70.91 respectively.

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