RBI/2008-09/389
A.P. (DIR Series) Circular No. 52
February 19, 2009
To,
All Authorised Dealer Category – I Banks
Madam / Sir,
Deferred Payment Protocols dated April 30, 1981 and
December 23, 1985 between Government of India and erstwhile USSR
Attention of Authorised Dealer Category – I (AD Category – I) banks is invited
to
A. P. (DIR Series) Circular No.45 dated January 2, 2009 wherein the rupee
value of the special currency basket was indicated as Rs. 67.0394, effective
from December 23, 2008.
- AD Category – I banks are advised that a further revision has taken place on
February 3, 2009 and accordingly, the rupee value of the special currency basket
has been fixed at Rs.65.0272 with effect from February 6, 2009.
- AD Category – I banks may bring the contents of this circular to the notice
of their constituents concerned.
- The directions contained in this circular have been issued under Sections 10
(4) and 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and is
without prejudice to permissions / approvals, if any, required under any other
law.
Yours faithfully,
(Salim Gangadharan)
Chief General Manager-in-charge