A.P. (DIR Series) (2003-2004) Circular No.48, dated 15-12-2003
Attention of
Authorised Dealers is invited to AP (DIR Series) Circular No.16 dated September
20, 2003 wherein the rupee value of the special currency basket effective from
August 19, 2003 was indicated.
2. Authorised Dealers are
advised that a further change has taken place on November 18, 2003 and
accordingly the rupee value of the special currency basket effective from
November 21, 2003 has been fixed at Rs.57.5082.
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).