Indian Rupee/USD Futures - Contract Specs

Contract Unit
5,000,000 Indian rupees
Price Quotation
U.S. cents per 100 Indian rupees
Trading Hours
CME Globex:
Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m.
CME ClearPort:
Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday 5:45 p.m. - 6:00 p.m. CT
Minimum Price Fluctuation
CME Globex:
0.01 per 100 Indian rupee increments = $5.00 Spreads: 0.005 per 100 Indian rupee increments = $2.50
CME ClearPort:
0.001 per 100 Indian rupee increments = $0.50
Product Code
CME Globex: SIR
CME ClearPort: SIR
Clearing: SIR
Listed Contracts
Monthly contracts listed for 12 consecutive months and 4 quarterly contracts (Mar, Jun, Sep, Dec)
Settlement Method
Financially Settled
Termination of Trading
Trading terminates at Noon Mumbai time 2 Indian business days prior to the last Indian business day of the contract month.
Settlement Procedures
Position Limits
Exchange Rulebook
Block Minimum
Price Limit or Circuit
Vendor Codes

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2025 CME Group Inc. All rights reserved.