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<h1>Monthly Statement of Nostro and Vostro Balances Requires Explanation for Variations Over 10% as per Master Circular</h1> This monthly statement of Nostro and Vostro account balances for an Authorized Dealer Category-I, as per the guidelines in the Master Circular on Risk Management and Inter-bank Dealings dated July 2, 2007. It lists balances in various currencies, including USD, EUR, JPY, GBP, and Rupee, along with others converted into US dollars. If any balance varies by more than 10% within a month, a brief explanation is required. The statement is to be submitted to the Director of the Division of International Finance at the Reserve Bank of India in Mumbai.
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