Rupee futures open interest surges on arbitrage and intervention fears
Rupee futures open interest surges on arbitrage and intervention fears. Traders are building large positions in offshore forwards and onshore futures, exploiting pricing mismatches. Open interest in near-month contracts has jumped over 30% in a week. Authorities may step in to curb speculative activity.
📊 STOCKS: | 🏢 SECTOR: Trading | #MEDIUMIMPACT #Rupee
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