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of <h1>Foreign currency claims in pre-packaged insolvency must convert to Indian currency at RBI's exchange rate on start date.</h1> Claims in foreign currency during the pre-packaged insolvency resolution process are to be converted to Indian currency using the official exchange rate as of the insolvency commencement date. The 'official exchange rate' refers to the reference rate published by the Reserve Bank of India or rates derived from it, as stipulated by the Insolvency and Bankruptcy Board of India under the Pre-packaged Insolvency Resolution Process Regulations, 2021.
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