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May currency futures trade stronger, OI increases by 0.5%

The partially convertible rupee is currently trading at 70.43, stronger compared to its Monday’s close at 70.51. The rupee opened at 70.43 and touched day’s high of 70.4875 and low of 70.3950.

The May currency futures were trading at 70.5725 with a spread of 0.0050 and a volume of 419020. The contract opened weaker at 70.6475 compared to its previous closing of 70.6350. The open interest (OI) stood at 2,166,425 up by 0.5% compared to its previous close of 2,155,727.

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