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<h1>Special Currency Basket valuation revised; authorised dealer banks must apply and notify constituents under FEMA directions.</h1> The circular fixes the Rupee value of the Special Currency Basket at Rs. 83.137417 effective August 12, 2014, revising the earlier indicated value, and directs Authorised Dealer Category I banks to apply the revised valuation and notify their constituents; the Directions are issued under sections 10(4) and 11(1) of the Foreign Exchange Management Act, 1999 and are without prejudice to other legal permissions or approvals.