The Head/Principal Offices of
Authorised Dealers in Foreign Exchange

Dear Sirs,

FOREIGN CURRENCY ACCOUNTS

Attention of Authorised Dealers is invited towards our Circular Letter No. 39/EPP.16(326)Q-poly-98 dated October 02, 1998 regarding the submission of statement in respect of rate of profit paid by the banks on FCAs.

2. It has since been decided that Authorised Dealers would discontinue the submission of above statement with immediate effect.