India, April 16 -- The partially convertible rupee is currently trading at 69.50, weaker compared to its Monday's close at 69.42. The rupee opened at 69.5500 and touched day's high of 69.5900 and low of 69.4700.
The April currency futures were trading at 69.5675 with a spread of 0.0025 and a volume of 512023. The contract opened stronger at 69.4250 compared to its previous closing of 69.5275. The open interest (OI) stood at 1,430,503 down by 0.2% compared to its previous close of 1,433,368.
The rupee had closed at 69.42 on Monday, while the reference rate stood at 69.2293.
Published by HT Digital Content Services with permission from Accord Fintech....