Continuation of foreign exchange relaxations under FEMA powers; authorised dealers to continue facilities until further notice. Authorised dealers are informed that the relaxations and facilities set out in A.P. (DIR Series) Circular No.63 regarding risk management and inter bank dealings will continue until further notice; the directions are issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999.
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Continuation of foreign exchange relaxations under FEMA powers; authorised dealers to continue facilities until further notice.
Authorised dealers are informed that the relaxations and facilities set out in A.P. (DIR Series) Circular No.63 regarding risk management and inter bank dealings will continue until further notice; the directions are issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999.
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