Currency futures for May expiry trade weaker with 4.93% increase in OI
The partially convertible rupee is currently trading at 95.26, weaker compared to its Wednesday’s close at 94.88. The rupee opened at 95.01 and touched day’s high of 95.3450 and low of 95.01.
The May currency futures were trading at 95.47 with a spread of 0.0100 and a volume of 2,88,276. The contract opened at 95.10 weaker from its previous closing of 95.01. The open interest (OI) stood at 15,47,988 up by 4.93% compared to its previous close of 14,75,204.
