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of the Foreign Exchange Manual) is withdrawn with immediate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.