RBI reduces trading timings of currency and debt markets

In view of the COVID-19 outbreak, the Reserve Bank of India has notified a change in market timings. Beginning April 7th, markets dealing with government securities, call/notice/term money, corporate bonds, foreign currency, Indian Rupee Trades, commercial paper and Certificates of Deposit will be working from 10 AM to 2 PM. In a press release issued from Mumbai today, RBI has said that lockdowns, social distancing, restrictions on movement of staff, work from home arrangements and business cont...