Rupee trades higher at 71.65 per dollar

Indian rupee recovered from the day's low and trading higher by 27 paise at 71.65 per dollar against Friday's close of 71.92.

It touched a intraday low of 72.08 after a flat opening.

The dollar-rupee November contract on the NSE was at 71.99 in the previous session. November contract open interest declined 5.66% in the previous session, said ICICIdirect.