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Currency futures for April expiry trade weaker with 5.96% increase in OI

The partially convertible rupee is currently trading at 94.52, weaker compared to its Wednesday’s close at 93.96. The rupee opened at 94.1875 and touched day’s high of 94.56 and low of 94.1875.

The April currency futures were trading at 94.8375 with a spread of 0.02 and a volume of 3,11,594. The contract opened flat at its previous closing of 94.2925. The open interest (OI) stood at 13,65,345 up by 5.96% compared to its previous close of 12,88,581.