Following the coronavirus epidemic, which caused operational disruptions and increased health hazards, the trading hours for different RBI-regulated markets were altered on April 7, 2020.
HIGHLIGHTS :
- From April 18, trading in RBI-regulated markets will begin at 9 a.m.
- On April 7, 2020, the trading hours for different RBI-regulated marketplaces were modified.
- Some of the RBI's markets include market repo and tri-party repo in government securities.
On April 18, trading in RBI-regulated markets will resume at 9 a.m., restoring pre-pandemic trading hours. Markets open at 10 a.m. right now.
In the aftermath of the coronavirus pandemic, which caused operational disruptions and increased health hazards, the trading hours for different RBI-regulated markets were modified on April 7, 2020. Trading hours were partially reinstated with effect from November 9, 2020, when operational constraints were eased.
The trading hours of these markets will change on April 18 to 9 a.m. to 3.30 p.m., according to a statement released by the central bank on Monday. "With the significant lessening of limitations on people's movement and office working, it has now been agreed to restore the opening time for regulated financial markets to its pre-pandemic timing of 9 a.m.," according to the release.
The trading hours of these markets will change on April 18 to 9 a.m. to 3.30 p.m., according to a statement released by the central bank on Monday. "With the significant lessening of limitations on people's movement and office working, it has now been agreed to restore the opening time for regulated financial markets to its pre-pandemic timing of 9 a.m.," according to the release.
Call/notice/term money; government securities market repo; government securities tri-party repo; commercial paper and certificates of deposit; repo in corporate bonds; government securities (central government securities, state development loans, and treasury bills); Foreign Currency (FCY)/Indian Rupee (INR) trades, including forex derivatives; and rupee interest rate derivatives The central bank regulates these markets.
RBI Governor Shaktikanta Das stated on Friday, while announcing the bi-monthly monetary policy, that markets regulated by the central bank will begin trading at 9 a.m. on April 18.
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