Trading in the DGCX Indian Rupee/Dollar futures contract reached another all time daily high yesterday (August 11th, 2010) in terms of both the volume and value traded.
- 2,303 contracts
- $98.26 million notional value
The Indian Rupee futures contract continues to attract more interest and participation month on month, as market participants become aware of its unique offering as the only Indian Rupee futures contract available for trading and hedging outside of India. Furthermore, the contract is cash settled based on the US Dollar reference rate published by the Reserve Bank of India on the last day of trading.