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Currency futures trade stronger, OI increases by 0.37%

The partially convertible rupee is currently trading at 66.6925, stronger compared to its Thursday’s close at 66.71. The rupee opened at 66.70 and touched day’s high of 66.7250 and low of 66.6575.

The March currency future was trading at 66.8150 with a spread of 0.0025 and a volume of 179936. The contract opened stronger at 66.7975 compared to its previous closing of 66.8675. The open interest (OI) stood at 1,483,251 up by 0.37% compared to its previous close of 1,477,832.

The rupee had closed at 66.71 on Thursday, while the Reserve Bank of India’s (RBI) reference rate stood at 66.7707.

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