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            Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.

            Provisions expressly mentioned in the judgment/order text.

            <h1>Cross currency rate determination guides exchange conversion when no direct market quote for trading partners.</h1> When no direct market quote exists between the Indian rupee and a partner currency, the applicable rate is market-determined by deriving a cross currency rate from each currency's quotations against widely traded reference currencies such as the US dollar, euro or yen, producing an operative INR-partner currency conversion for trade settlement.

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