Release of foreign exchange: ceiling for currency component increased for travellers, allowing higher cash sales without prior permission. Authorised dealers and Full Fledged Money Changers may sell foreign currency notes and coins up to US$ 2,000 or its equivalent to travellers without prior permission from the Reserve Bank, subject to being within their overall foreign exchange released to them; authorised persons must notify constituents and the directions are issued under the Foreign Exchange Management Act, 1999.