CURRENCY FUTURES FOR APRIL EXPIRY TRADES WITH 0.94% DROP IN OI
DATE: 23/04/2012
The partially convertible rupee was currently trading at 52.09/10, weaker compared to its Friday’s close at 52.08. The rupee opened at 52.07/08 and has touched a high and low of 52.12 and 52.02/03 respectively.
The April currency future was trading at 52.16 with a spread of 0.0025 and a volume of 242,584. The contract opened stronger at 52.17/18 against its previous closing of 52.18/19. The open interest (OI) stood at 1,111,515 down by 0.94% compared to its previous close of 1,122,068.
The rupee had closed at 52.08 on Friday, while the Reserve Bank of India’s (RBI) reference rate was at 51.99/52.00 for Friday.
POWERED BY: SMC ONLINE NEWS
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