CURRENCY FUTURES FOR APRIL EXPIRY TRADES WITH 0.06% DROP IN OI
Date: 12/04/2012
The partially convertible rupee was currently trading at 51.37, stronger compared to its Wednesday’s close at 51.42/43. The rupee opened at 51.38 and has touched a high and low of 51.43 and 51.30 respectively.
The April currency future was trading at 51.54/55 with a spread of 0.0025 and a volume of 354,373. The contract opened stronger at 51.62 against its previous closing of 51.66/67. The open interest (OI) stood at 1,135,840 down by 0.06% compared to its previous close of 1,136,607.
The rupee had closed at 51.42/43 on Wednesday, while the Reserve Bank of India’s (RBI) reference rate was at 51.54/55 for Wednesday.
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