CURRENCY FUTURES FOR APRIL EXPIRY
TRADES WITH 4.04% GAIN IN OI
Date: 09/04/2012
The partially convertible rupee
was currently trading at 51.27, weaker compared to its Wednesday’s close at
51.05/06. The rupee opened at 51.40 and has touched a high and low of 51.40/41
and 51.24 respectively.
The April currency future was
trading at 51.52/53 with a spread of 0.0025 and a volume of 427,140. The
contract opened weaker at 51.57/58 against its previous closing of 51.36/37. The
open interest (OI) stood at 1,228,873 up by 4.04% compared to its previous
close of 1,181,070.
The rupee had closed at 51.05/06
on Wednesday, while the Reserve Bank of India’s (RBI) reference rate was at
51.04/05 for Wednesday.
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