Special currency basket value revised; authorised banks must apply the new rupee valuation and notify constituents. The circular announces a further revision of the rupee value of the special currency basket, fixes the new valuation effective from the stated date, directs Authorised Dealer Category I banks to apply the revised rupee valuation and to notify their constituents, and records that the Directions are issued under the foreign exchange management statutory framework without prejudice to other legal permissions.
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Special currency basket value revised; authorised banks must apply the new rupee valuation and notify constituents.
The circular announces a further revision of the rupee value of the special currency basket, fixes the new valuation effective from the stated date, directs Authorised Dealer Category I banks to apply the revised rupee valuation and to notify their constituents, and records that the Directions are issued under the foreign exchange management statutory framework without prejudice to other legal permissions.
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