| CIRCULAR |
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| HEPC/EP/Policy/2014-15 |
| Sub:Trade in local currencies with Russia reg. |
| Dear Members, |
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| We have received a letter from the Ministry of Commerce & Industry asking for feedback regarding experience on trading in local currencies with Russia as rouble has depreciated a lot. In this regard, we request you to send us your comments/feedback on the above.Grateful if details could be sent to the Council on or before 14.01.2015 for onward transmission to the Ministry. |
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| Thanking you, |
Yours faithfully,Sd/-R.Anand,
Executive Director |
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