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Currency futures trade weaker, OI declines by 0.44%

The partially convertible rupee is currently trading at 68.22, weaker compared to its Friday’s close at 67.96. The rupee opened at 68.15 and touched day’s high of 68.2375 and low of 68.1450.

The January currency future was trading at 68.37 with a spread of 0.0025 and a volume of 288936. The contract opened weaker at 68.2000 compared to its previous closing of 68.1125. The open interest (OI) stood at 1,753,802 down by 0.44% compared to its previous close of 1,761,483.

The rupee had closed at 67.96 on Friday, while the Reserve Bank of India’s (RBI) reference rate stood at 67.9522.

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