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Currency futures for April expiry trade weaker with 2.14% decrease in OI

The partially convertible rupee is currently trading at 92.95, weaker compared to its Friday’s close at 92.91. The rupee opened at 92.7375 and touched day’s high of 92.99 and low of 92.7050.

The April currency futures were trading at 92.9975 with a spread of 0.0125 and a volume of 94,156. The contract opened at 92.85 stronger from its previous closing of 92.98. The open interest (OI) stood at 16,59,319 down by 2.14% compared to its previous close of 16,95,565.