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    <title>Purchase of foreign exchange from foreign citizens and others</title>
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    <description>The Reserve Bank restores the prior regime for purchase of foreign exchange by authorised persons as set out in paragraph 4.4(e)(iii) of the Annex to A.P. (DIR Series) Circular No.17, reversing temporary amendments that allowed limited weekly exchange for foreign passport holders, and directs authorised persons to follow the reinstated operational procedures; the directions are issued under the Foreign Exchange Management Act and do not affect other statutory permissions.</description>
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    <pubDate>Thu, 30 Mar 2017 00:00:00 +0530</pubDate>
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      <description>The Reserve Bank restores the prior regime for purchase of foreign exchange by authorised persons as set out in paragraph 4.4(e)(iii) of the Annex to A.P. (DIR Series) Circular No.17, reversing temporary amendments that allowed limited weekly exchange for foreign passport holders, and directs authorised persons to follow the reinstated operational procedures; the directions are issued under the Foreign Exchange Management Act and do not affect other statutory permissions.</description>
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      <pubDate>Thu, 30 Mar 2017 00:00:00 +0530</pubDate>
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