Foreign Exchange Market to Close for Id-E-Milad

The foreign exchange market will be closed on Wednesday in observance of Id-E-Milad, a significant religious holiday. Financial transactions and currency trading will resume the following day.


Devdiscourse News Desk | Mumbai | Updated: 18-09-2024 10:01 IST | Created: 18-09-2024 10:01 IST
Foreign Exchange Market to Close for Id-E-Milad
  • Country:
  • India

The foreign exchange market will observe a closure on Wednesday in celebration of Id-E-Milad. This marks a halt in financial transactions and currency trading for the day.

The observance of this significant religious festival leads to a temporary pause, impacting financial markets nationwide.

Normal operations are expected to resume the following day, ensuring continuity in financial activities and services.

(With inputs from agencies.)

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