Risk Management and Inter Bank Dealings - FEMA - 090

Risk Management and Inter Bank Dealings Reserve Bank of India Exchange Control Department Central Office Mumbai 400001 A.P. (DIR Series) Circular No.90 March 29, 2003 To All Authorised Dealers in Foreign Exchange Madam/Sirs, Risk Management and Inter Bank Dealings Attention of authorised dealers is invited to A.P. (DIR Series) Circular No.63 dated December 21, 2002. 2. It is advised that the relaxations/facilities referred to therein will continue until further notice. 3. 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). Yours faithfully, Grace Koshie Chief General Manager