All Head Offices/Principal Offices of
Authorized Dealers in Foreign Exchange.

Dear Sirs,

FE-25 DEPOSITS AND THEIR UTILIZATION

Attention of the Authorized Dealers is invited towards Circular Letter No.06/EPP.16(326)NFCA-2002 dated September 11, 2002 in terms of which they were required to submit FE-25 deposits & their utilization position on monthly basis to the Director, Exchange Policy Department. It has now been decided that the statement for the month of April, 2003 onwards should be submitted to the Director, Statistics Department on the revised format showing currency wise position latest by the 7th of each month.

2. Please bring the above to the notice of the concerned constituents accordingly.

Annexure