CURRENCY FUTURES FOR APRIL EXPIRY TRADES WITH 9.20% DROP IN OI
DATE: 26/04/2012
The partially convertible rupee was currently trading at 52.55, weaker compared to its Wednesday’s close at 52.54. The rupee opened at 52.47 and has touched a high and low of 52.57 and 52.43 respectively.
The April currency future was trading at 52.56 with a spread of 0.0025 and a volume of 766,855. The contract opened strong at 52.53/54 against its previous closing of 52.56/57. The open interest (OI) stood at 681,933 down by 9.20% compared to its previous close of 751,040.
The rupee had closed at 52.54 on Wednesday, while the Reserve Bank of India’s (RBI) reference rate was at 52.48/49 for Wednesday.
POWERED BY: SMC ONLINE NEWS
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