RBI/2013-14/223
A.P. (DIR Series) Circular No. 33
September 04, 2013
To
All Category - I Authorised Dealer Banks
Madam / Sir,
Deferred Payment Protocols dated April 30, 1981 and December 23, 1985
between Government of India and erstwhile USSR
Attention of Authorised Dealer Category-I (AD Category-I) banks is invited to
A.P. (DIR Series) Circular No.26 dated August 14, 2013, wherein the Rupee value
of the Special Currency Basket was indicated as Rs.83.45023 effective from
August 12, 2013.
- AD Category-I banks are advised that a further revision has taken place on
August 20, 2013 and accordingly, the Rupee value of the Special Currency Basket
has been fixed at Rs.86.857663 with effect from August 23, 2013.
- AD Category-I banks may bring the contents of this circular to the notice of
their constituents concerned.
- The Directions contained in this circular have been issued under sections
10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999)
and are without prejudice to permissions / approvals, if any, required under any
other law.
Yours faithfully,
(C.D. Srinivasan)
Chief General Manager