CURRENCY FUTURES FOR APRIL EXPIRY TRADES WITH 1.63% DROP IN OI
DATE: 17/04/2012
The partially convertible rupee was currently trading at 51.61/62, stronger compared to its Monday’s close at 51.68. The rupee opened at 51.61/62 and has touched a high and low of 51.66 and 51.60/61 respectively.
The April currency future was trading at 51.74/75 with a spread of 0.0025 and a volume of 212,799. The contract opened stronger at 51.77/78 against its previous closing of 51.80/81. The open interest (OI) stood at 1,253,624 down by 1.63% compared to its previous close of 1,274,462.
The rupee had closed at 51.68 on Monday, while the Reserve Bank of India’s (RBI) reference rate was at 51.65/66 for Monday.
POWERED BY: SMC ONLINE NEWS
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