CIR. NO. 24/2008-09-RB, DT. 16/10/2008
- Document type
- Circular
- Dated
- Category
- A.P. (DIR Series) Circulars
Deferred Payment Protocols DT. 30/04/1981 and 23/12/1985 between Government of India and erstwhile USSR
Deferred Payment Protocols DT. 30/04/1981 and 23/12/1985 between Government of India and erstwhile USSR
2. AD Category-I banks are advised that a further revision has taken place on September 18, 2008 and accordingly, the rupee value of the special currency basket has been fixed at Rs. 65.4398 with effect from September 23, 2008.
3. AD Category-I banks may bring the contents of this circular to the notice of their constituents concerned.
4. 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