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Currency futures for March expiry trade weaker with 1.11% decrease in OI

The partially convertible rupee is currently trading at 93.84, weaker compared to its Monday’s close at 93.53. The rupee opened at 93.66 and touched day’s high of 93.86 and low of 93.66.

The March currency futures were trading at 93.8325 with a spread of 0.0025 and a volume of 1,46,304. The contract opened at 93.59 weaker from its previous closing of 93.5625. The open interest (OI) stood at 29,76,656 down by 1.11% compared to its previous close of 30,10,144.