USDINR pair Future Lot prices

F&O
1

In kite, I am able to see only USDINR Future Lot price as below

image

I have following doubts.

  1. Spot price where we can check.
  2. Since Subsequent month contract prices are higher comparatively, Is it will match to spot at end of expiry. ( similar to what happens in equity)

Very thankful if somebody can help me out please.

2

The Spot for USDINR and other Currency F&O contracts is the RBI Reference Rate, you can check this on the websites of NSE and FBIL.

Yes, upon expiry the contracts are settled at the RBI Reference Rate for that day. You can learn more about Currency Derivatives on Varsity:

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