Special Currency Basket valuation revised, altering rupee conversion for deferred payment contracts under Indo USSR protocols. The Reserve Bank of India revised the rupee value of the Special Currency Basket for calculating payments under deferred payment contracts entered under the Indo USSR deferred payments protocols of 1981 and 1985; the revised valuation is effective as indicated in the notice and applies to all deferred payment contracts concluded under both protocols for deliveries of machinery and equipment from the erstwhile USSR.
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Special Currency Basket valuation revised, altering rupee conversion for deferred payment contracts under Indo USSR protocols.
The Reserve Bank of India revised the rupee value of the Special Currency Basket for calculating payments under deferred payment contracts entered under the Indo USSR deferred payments protocols of 1981 and 1985; the revised valuation is effective as indicated in the notice and applies to all deferred payment contracts concluded under both protocols for deliveries of machinery and equipment from the erstwhile USSR.
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