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Currency futures for November expiry trade weaker with 0.82% decrease in OI

The partially convertible rupee is currently trading at 88.7125, weaker compared to its Wednesday’s close at 88.48. The rupee opened at 88.63 and touched day’s high of 88.74 and low of 88.6250.

The November currency futures were trading at 88.7250 with a spread of 0.0050 and a volume of 78,611. The contract opened at 88.5950 stronger from its previous closing of 88.6025. The open interest (OI) stood at 18,47,810 down by 0.82% compared to its previous close of 18,63,125.