All Authorized Dealers
in Foreign Exchange,

Dear Sirs,

TRAVEL ABROAD

It has been decided that with immediate effect all persons travelling abroad will meet their requirements of foreign exchange from the free market. Accordingly, the authority delegated to the Authorized Dealers for release of foreign exchange for travel abroad including education (vide Chapter XVII of the Foreign Exchange Manual) is withdrawn with immediate effect. However, the instructions relating to sale of tickets embodied in the above Chapter will remain operative.