Friday 20 May 2016

CURRENCY FUTURES TRADES STRONGER, OI DECLINES BY 0.67%

The partially convertible rupee is currently trading flat compared to its Thursday’s close at 67.36. The rupee opened at 67.38 and touched day’s high of 67.4050 and low of 67.3150.

The May currency future was trading at 67.4425 with a spread of 0.0050 and a volume of 370515. The contract opened weaker at 67.52 compared to its previous closing of 67.4550. 
The open interest (OI) stood at 1,558,878 down by 0.67% compared to its previous close of 1,569,406.


The rupee had closed at 67.36 on Thursday, while the Reserve Bank of India’s (RBI) reference rate stood at 67.2307.


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