The Reserve Bank of India on Monday has increased trading hours for the rupee and bond markets with effect from November 9, 2020. The move is part of easing COVID-19 lockdown restrictions by the Central Bank.
Trading duration for foreign currency and rupee market including forex derivatives, government securities, commercial paper and certificates of deposit has been increased by 1.5 hours.
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"With the graded roll-back of the lockdown and easing of restrictions on movement of people and functioning of offices, it has been decided to restore trading hours for regulated markets in a phased manner," the Reserve Bank of India said in its statement.