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Currency futures trade stronger, OI increases by 3.56%

The partially convertible rupee is currently trading at 69.41, stronger compared to its Friday’s close at 69.44. The rupee opened at 69.4000 and touched day’s high of 69.4775 and low of 69.3850.

The June currency futures were trading at 69.5575 with a spread of 0.0025 and a volume of 313747. The contract opened stronger at 69.5850 compared to its previous closing of 69.6000. The open interest (OI) stood at 1,598,138 up by 3.56% compared to its previous close of 1,543,135.

The rupee had closed at 69.44 on Friday, while the reference rate stood at 69.3019.


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