A.P.(DIR. Series) Circular No.2 dated the June 17,2000
Deferred Payments Protocols dated 30th April, 1981 and 23rd Decemeber, 1985 between
the Government of India and erstwhile USSRAttention of authorised dealers is invited to A.D.(G.P.Series) Circular No.5 dated 9th May 2000 wherein the rupee value of the special currency basket effective from 29th April 2000 was indicated.
- Authorised dealers are advised that a further change has taken place on 7th June, 2000, and accordingly the rupee value of the special currency basket effective from 10th June, 2000, has been fixed at Rs. 51.9072.
- Authorised dealers may bring the contents of this circular to the notice of their constituents concerned.
- The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and any contravention or non-observance of these directions is subject to the penalties prescribed under the Act.
Sd/-
B. MAHESHWARAN
Chief Gemeral Manager
(Note:- See A.P.(DIR Series) Cir. No. 7-RB, dt. 1/10/2001)
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