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of <h1>Rupee Value Revised for Special Currency Basket under Deferred Payment Protocols with Former USSR, Effective January 20, 2012.</h1> The circular addresses all Category-I Authorized Dealer banks regarding revisions to the Rupee value of the Special Currency Basket under the Deferred Payment Protocols between the Government of India and the former USSR, dated April 30, 1981, and December 23, 1985. The Rupee value was revised to Rs. 71.456679, effective January 20, 2012, from the previous value of Rs. 73.923372 set on November 28, 2011. Banks are instructed to inform relevant constituents, and the directions are issued under the Foreign Exchange Management Act, 1999, without affecting other legal permissions or approvals.
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