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Currency futures for February expiry trade stronger with 1.43% increase in OI

The partially convertible rupee is currently trading at 90.20, stronger compared to its Thursday’s close at 90.34. The rupee opened at 90.28 and touched day’s high of 90.30 and low of 90.18.

The February currency futures were trading at 90.27 with a spread of 0.0050 and a volume of 40,791.  The contract opened at 90.32 stronger from its previous closing of 90.3975. The open interest (OI) stood at 12,29,983 up by 1.43% compared to its previous close of 12,12,606.