Public holiday: Why RBI has said there will be no trading in government securities, foreign exchange markets, money markets on September 18, 2024

The Reserve Bank of India has stated that trading activities in some financial markets will be halted on September 18, 2024, following a public holiday declared by Maharashtra. This affects government securities, foreign exchange, money markets, and rupee interest rate derivatives. Transactions due on this date will be settled on September 19, 2024.