Rupee up 7 paise against USD


Mumbai, The Rupee on Wednesday rose seven paise to 71.20 in opening trade on selling of US Dollars by bankers and exporters, dealers at the Forex Market said. The local unit remained firm on weak dollar against other world currencies. A minor fluctuation was seen in early trade today, as local unit registered intra-day high and low at 71.30 and 71.19 respectively, they added. The domestic unit remained strong following weak dollar against other world currencies along with strong opening in equity market, they added.