CURRENCY FUTURES FOR APRIL EXPIRY TRADES WITH 10.59% DROP IN OI
DATE: 24/04/2012
The partially convertible rupee was currently trading at 52.85/86, weaker compared to its Monday’s close at 52.52. The rupee opened at 52.65 and has touched a high and low of 52.86/87 and 52.65 respectively.
The April currency future was trading at 52.90/91 with a spread of 0.0025 and a volume of 571,536. The contract opened flat at 52.61/62 against its previous closing of 52.61/62. The open interest (OI) stood at 961,301 down by 10.59% compared to its previous close of 1,075,273.
The rupee had closed at 52.52 on Monday, while the Reserve Bank of India’s (RBI) reference rate was at 52.22/23 for Monday.
POWERED BY: SMC ONLINE NEWS
No comments:
Post a Comment