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Thursday, May 10, 2018


SEBI and RBI may extend forex trading timing from 5 pm to 8 pm

The Securities and Exchange Board of India and the Reserve Bank of India are considering extending the closing time for currency derivatives trading to 8:00 pm from 5:00 pm at present.

The exchanges have been seeking longer trading hours for almost a decade, and sources said the RBI now appears to be convinced of the demand. SEBI regulates the exchanges that offer currency trading, but the final call will have to be the RBI’s as banks will have to be open for longer.


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