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of <h1>Rupee Value Revised for Deferred Payment Protocols with Former USSR; New Rate Effective March 5, 2009, per FEMA 1999.</h1> The circular informs all Authorized Dealer Category-I banks about the revision in the rupee value of the special currency basket related to Deferred Payment Protocols between the Government of India and the former USSR, dated April 30, 1981, and December 23, 1985. The rupee value, previously set at Rs. 65.0272, has been revised to Rs. 67.2425, effective from March 5, 2009. Banks are instructed to inform their relevant constituents about this change. The directions are issued under the Foreign Exchange Management Act, 1999, and do not affect any other required permissions or approvals.
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