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<h1>RBI Revises Guidelines: Full Forex Earnings to EEFC Accounts, Relaxed Forward Contracts, NOOPL Calculations Adjusted for Banks.</h1> The Reserve Bank of India has revised guidelines to provide more flexibility for exchange earners, exporters, and AD Category-I banks. The changes include allowing 100% of foreign exchange earnings to be credited to Exchange Earner's Foreign Currency (EEFC) accounts, with conversion to Rupees required by the end of the following month. Exporters can now cancel and rebook up to 25% of forward contracts. Additionally, AD Category-I banks are exempt from including positions taken by overseas branches and options delta in their Net Overnight Open Position Limit (NOOPL) calculations, while these positions remain part of the total foreign currency exposure.