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.
The trading hours for various markets regulated by RBI were changed on April 7, 2020, in the wake of the coronavirus pandemic that had resulted in operational dislocations and elevated levels of health risks. Later, with the easing of operational constraints, the trading hours were partially restored with effect from November 9, 2020.
The notification also said, ”With the substantial easing of restrictions on the 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 am Accordingly, with effect from April 18, 2022, the trading hours for the markets regulated by the Reserve Bank would be as under:”
“With the substantial easing of restrictions on the 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 am,” an RBI release had said.
From April 18, the trading hours of the following markets will be from 9 am to 3.30 pm.
– Call/notice/term money; market repo in government securities
Tri-party repo in government securities
– 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
– Rupee interest rate derivatives.
The above markets are regulated by the central bank.
