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Currency futures trade weaker, OI increases by 1.94%

The partially convertible rupee is currently trading at 71.3850, weaker compared to its Thursday’s close at 71.33. The rupee opened at 71.2900 and touched day’s high of 71.3950 and low of 71.2900.

The February currency futures were trading at 71.45 with a spread of 0.0025 and a volume of 539307. The contract opened stronger at 71.37 compared to its previous closing of 71.40. The open interest (OI) stood at 1,316,971 up by 1.94% compared to its previous close of 1,291,860.

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