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Contract Specifications


Category

Description

Underlying

Rate of exchange between 1 USD and INR

Symbol

USDINR

Trading Hours

Monday to Friday 
9 a.m. to 5 p.m.

Contract Size

USD 1000

Contract Months

12 near calendar months

Expiration Date and Time

Last business day of the month

Min Price fluctuation

0.25 paise or INR 0.0025 or INR 2.5 per lot

Settlement

Cash settled in INR on relevant RBI reference rate

Minimum Margin

1.75% on Day 1 and 1% thereafter (Approx. Rs.430 per lot)

Calendar spread margin

Rs. 250/-

Position limits

Clients

Trading Members

Banks

higher of 6% of total open interest or USD 5 million

higher of 15% of the total open interest or USD 25 million

higher of 15% of the total open interest or USD 100 million


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