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Currency futures trade weaker, OI declines by 0.35%

The partially convertible rupee is currently trading at 67.04, stronger compared to its Thursday’s close at 67.07. The rupee opened at 67.14 and touched day’s high of 67.1525 and low of 67.03.

The February currency future was trading at 67.08 with a spread of 0.0025 and a volume of 308460. The contract opened weaker at 67.15 compared to its previous closing of 67.11. The open interest (OI) stood at 1,453,813 down by 0.35% compared to its previous close of 1,458,896.

The rupee had closed at 67.07 on Thursday, while the Reserve Bank of India’s (RBI) reference rate stood at 66.9468.

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