India’s currency and debt markets will be closed on Monday, April 1, in observance of a holiday. This means there will be no trading activity in both the currency and debt markets on that day. Trading will resume on Tuesday, April 2. The closure of the market on Monday follows the closure on Friday as well.
As for the Indian rupee, it experienced a slight decline of 0.03% on Thursday, closing at a rate of 83.40 per U.S. dollar. While this decline is marginal, it still indicates some movement in the exchange rate.
Overall, investors and traders operating in the Indian currency and debt markets should be aware of the upcoming holiday closure and plan their activities accordingly.