Currency futures for July expiry trade weaker with 1.32% increase in OI

The partially convertible rupee is currently trading at 85.4025, stronger compared to its Thursday’s close at 85.55. The rupee opened at 85.44 and touched day’s high of 85.50 and low of 85.3050.

The July currency futures were trading at 85.4650 with a spread of 0.0125 and a volume of 69,959. The contract opened at 85.48 weaker from its previous closing of 85.4225. The open interest (OI) stood at 10,69,510 up by 1.32% compared to its previous close of 10,55,560.