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Currency futures for November expiry trade flat with 0.61% increase in OI

The partially convertible rupee is currently trading at 88.5825, weaker compared to its Tuesday’s close at 88.50. The rupee opened at 88.61 and touched day’s high of 88.6650 and low of 88.56.

The November currency futures were trading at 88.6425 with a spread of 0.0075 and a volume of 30,305. The contract opened at 88.6350 stronger from its previous closing of 88.6425. The open interest (OI) stood at 17,09,849 up by 0.61% compared to its previous close of 16,99,441.