Currency futures for July expiry trade stronger with 3.68% increase in OI

The partially convertible rupee is currently trading at 85.5950, stronger compared to its Thursday’s close at 85.72. The rupee opened at 85.50 and touched day’s high of 85.6550 and low of 85.46.

The July currency futures were trading at 85.7150 with a spread of 0.0125 and a volume of 85,897. The contract opened at 85.75 stronger from its previous closing of 85.8575. The open interest (OI) stood at 9,78,637 up by 3.68% compared to its previous close of 9,43,945.