RESERVE BANK OF INDIA
Foreign Exchange Department
Central Office
Mumbai - 400 001
April 10, 2012
A.P. (DIR Series) Circular No. 105
To
All Category - I Authorised Dealer 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. 91 dated March 13, 2012, wherein the Rupee value
of the Special Currency Basket was indicated as Rs. 68.838139 effective from
February 9, 2012.
- AD Category-I banks are advised that a further revision has taken place on
March 7, 2012 and accordingly, the Rupee value of the Special Currency Basket
has been fixed at Rs.70.965327 with effect from March 13, 2012.
- 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 (FEMA), 1999 (42 of 1999)
and are without prejudice to permissions / approvals, if any, required under any
other law.
Yours faithfully,
(Dr. Sujatha Elizabeth Prasad)
Chief General Manager-in-Charge
RBI/2011-12/490