Rupee futures hit third record month

Dubai: The Dubai Gold and Commodities Exchange (DGCX) transacted 111,348 contracts last month, valued at $5.71 billion (Dh20.9 billion), with Indian Rupee futures achieving a third consecutive monthly volume record.

DGCX Indian Rupee futures recorded 43,547 contracts in August, valued at $1.86 billion, almost twice the number of contracts in July, and a 769 per cent increase on last year and an average daily volume of 1,979.