1.19
- Document type
- Manual
- Dated
- Category
- Exchange Management Manual
Authorised Dealers Responsibility
Reserve Bank trusts that authorised dealers will ensure that the Exchange Control regulations are observed by themselves and their constituents both in letter and in spirit. Their responsibility has considerably increased with the delegation of large powers. It will also welcome any comments likely to facilitate administration of Exchange Control so that it may serve better its purpose of conserving and increasing the foreign exchange resources of India with the least obstruction to trade and its financing.