Special currency basket value revised, requiring authorised dealer banks to apply the new rupee parity and notify constituents. The circular revises the rupee parity of the special currency basket under the Deferred Payment Protocols and directs Authorised Dealer Category I banks to apply the revised rupee value effective from a specified date in June 2010 and to notify their constituents; the directions are issued under the Foreign Exchange Management Act and do not affect other statutory permissions or approvals.
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Provisions expressly mentioned in the judgment/order text.
Special currency basket value revised, requiring authorised dealer banks to apply the new rupee parity and notify constituents.
The circular revises the rupee parity of the special currency basket under the Deferred Payment Protocols and directs Authorised Dealer Category I banks to apply the revised rupee value effective from a specified date in June 2010 and to notify their constituents; the directions are issued under the Foreign Exchange Management Act and do not affect other statutory permissions or approvals.
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