RBI increases trading hours new NSE Market timings details are here
RBI increases trading hours new NSE Market timings details are here
The Reserve Bank of India (RBI) has increased market timings for various markets regulated by the central bank of India. From 18th April 2022, trading at RBI regulated markets like Foreign Currency (FCY)/Indian Rupee (INR) Trades including Forex Derivatives, Rupee Interest Rate Derivatives, Repo in Corporate Bonds, etc. will begin at its pre-Covid timings i.e. at morning 9:00 AM instead of 10 AM.
In this way, from Monday, Trading/Exchanging hours for these RBI managed markets will be morning 9:00 AM to evening 3:30 PM. The Central bank of India said that it has taken this choice after ease in Coronavirus limitations.
Informing about its decision, the RBI said, "With the substantial easing of restrictions on movement of people and functioning of offices, it has now been decided to restore the opening time for regulated financial markets to their pre-pandemic timing of 9:00 A.M."
The trading hours for various markets regulated by the RBI were amended with effect from 7th April 2020 in view of the operational dislocations and elevated levels of health risks posed by Covid-19. Subsequently, with abatement of operational constraints, the trading hours were partially restored with effect from 9th November 2020.
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