RBI/2008-09/336
A. P. (DIR Series) Circular No. 45
January 02, 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. 44 dated December 26, 2008 wherein the rupee
value of the special currency basket was indicated as Rs. 64.9196 effective from
November 19, 2008.
- AD Category – I banks are advised that a further revision has taken place on
December 18, 2008 and accordingly, the rupee value of the special currency
basket has been fixed at Rs. 67.0394 with effect from December 23, 2008.
- 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,
(D. Mishra)
Chief General Manager