Tag Archives: No Exchange Rate of Currency

Settlement of Export/ Import transactions in currencies not having a direct exchange rate

Source: Reserve Bank of India RBI/2015-16/307 A.P. (DIR Series) Circular No. 42 February 4, 2016 To All Category – I Authorised Dealer Banks Madam/ Sir, Settlement of Export/ Import transactions in currencies not having a direct exchange rate Attention of Authorised Dealer Category I (AD Category – I) banks is invited to Notification No. FEMA.… Read More »