Rupee value adjustment of Special Currency Basket applies to deferred payment contracts under Indo USSR protocols, revising contract valuation. The Reserve Bank of India revised the Rupee Value of the Special Currency Basket, and that revision, as announced in Public Notice No. 70(RE-97), applies as the valuation basis for all deferred payment contracts concluded under the Deferred Payments Protocols dated 30 April 1981 and 23 December 1985 between the Government of India and the erstwhile USSR.
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Rupee value adjustment of Special Currency Basket applies to deferred payment contracts under Indo USSR protocols, revising contract valuation.
The Reserve Bank of India revised the Rupee Value of the Special Currency Basket, and that revision, as announced in Public Notice No. 70(RE-97), applies as the valuation basis for all deferred payment contracts concluded under the Deferred Payments Protocols dated 30 April 1981 and 23 December 1985 between the Government of India and the erstwhile USSR.
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