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Currency futures for April expiry trade weaker with 2.49% decrease in OI

The partially convertible rupee is currently trading at 93.3725, weaker compared to its Friday’s close at 92.83. The rupee opened at 93.30 and touched day’s high of 93.4050 and low of 93.25.

The April currency futures were trading at 93.5375 with a spread of 0.0125 and a volume of 1,33,131. The contract opened at 93.30 weaker from its previous closing of 93.1575. The open interest (OI) stood at 18,79,824 down by 2.49% compared to its previous close of 19,27,905.