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Currency futures trade tad weaker, OI increases by 0.64%

The partially convertible rupee is currently trading at 64.5875, weaker compared to its Thursday’s close at 64.56. The rupee opened at 64.63 and touched day’s high of 64.6675 and low of 64.57.

The April currency future was trading at 64.6250 with a spread of 0.0025 and a volume of 193869. The contract opened weaker at 64.65 compared to its previous closing of 64.6125. The open interest (OI) stood at 1,104,754 up by 0.64% compared to its previous close of 1,097,701.

The rupee had closed at 64.56 on Thursday, while the Reserve Bank of India’s (RBI) reference rate stood at 64.6364.

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