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Asian Clearing Union (ACU) Mechanism – Exports to Nepal

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....Reserve Bank of India Exchange Control Department Central Office Mumbai 400 001 A.P. (DIR Series) Circular No. 10 November 1, 2001 To All Authorised Dealers in Foreign Exchange Dear ....

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....importer resident in Nepal has been permitted by the Nepal Rashtra Bank to make payment in free foreign exchange, such payments shall be routed through the ACU mechanism. 2.Consequential changes in....