Reserve Bank Of India offers 24x7 forex market operations

In a statement, RBI said that the selected banks in India can offer Forex Rates to Indian clients round-the-clock (24×7).
Due to this, this opens up the forex market in India from 9 A.M to 5 P.M, allowing Indians to hedge their foreign exchange risks at any time of the day.
i) RBI HQ - Mumbai, Maharashtra
ii) Established on 1st April 1935
iii) Governor - Shaktikanta Das

Published On : 09 Jan 2020