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Special Currency Basket value revised, affecting settlement under Deferred Payment Protocols and advising AD Category I banks to adjust operations. The circular notifies Authorised Dealer Category I banks of a revision in the Rupee value used to value the Special Currency Basket under the Deferred Payment Protocols and directs banks to note and implement the revised valuation for settlements governed by those Protocols, issued under FEMA without prejudice to other statutory permissions.
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Special Currency Basket value revised, affecting settlement under Deferred Payment Protocols and advising AD Category I banks to adjust operations.
The circular notifies Authorised Dealer Category I banks of a revision in the Rupee value used to value the Special Currency Basket under the Deferred Payment Protocols and directs banks to note and implement the revised valuation for settlements governed by those Protocols, issued under FEMA without prejudice to other statutory permissions.
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