CURRENCY FUTURES FOR MAY EXPIRY TRADES WITH 1.06% GAIN IN OI
DATE: 27/04/2012
The partially convertible rupee was currently trading at 52.68/69, weaker compared to its Thursday’s close at 52.55. The rupee opened at 52.50 and has touched a high and low of 52.70/71 and 52.49 respectively.
The May currency future was trading at 53.02/03 with a spread of 0.0025 and a volume of 363,959. The contract opened stronger at 52.85 against its previous closing of 52.90/91. The open interest (OI) stood at 1,544,616 up by 1.06% compared to its previous close of 1,528,366.
The rupee had closed at 52.55 on Thursday, while the Reserve Bank of India’s (RBI) reference rate was at 52.56/57 for Thursday.
POWERED BY: COMMODITY INSIGHTS
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