A.P. (DIR Series) (2002-2003) Circular No. 89, dated 28-3-2003
Attention
of authorised dealers is invited to AP (DIR Series) Circular No.4 dated July 9,
2002 wherein the rupee value of the special currency basket effective from June
27, 2002 was indicated.
2. Authorised
Dealers are advised that a further change has taken place on March 7, 2003 and
accordingly the rupee value of the special currency basket effective from March
11, 2003 has been fixed at Rs. 57.5227.
3. Authorised
Dealers may bring the contents of this circular to the notice of their
constituents concerned.
4. 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).