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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Revised Rupee Value for India-USSR Deferred Payment Protocols Announced for Authorized Dealer Banks, Effective June 24, 2010.</h1> The circular addresses Category-I Authorized Dealer banks regarding the Deferred Payment Protocols between the Government of India and the former USSR, dated April 30, 1981, and December 23, 1985. It informs banks of a revision in the Rupee value of the special currency basket, which has been adjusted to Rs.60.8816, effective June 24, 2010. Banks are instructed to communicate this update to their concerned constituents. The directions are issued under the Foreign Exchange Management Act, 1999, and do not affect any other required legal permissions or approvals.
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