Keeping
in view the operational difficulties faced by the account holders and
the Authorized Dealer banks, as a measure of rationalization, it has
been
decided to dispense with the stipulation made in A.P. (DIR Series)
Circular No. 124 dated May 10, 2012, that EEFC account holders
henceforth will be permitted to access
the forex market for purchasing
foreign exchange
only after utilizing fully the available balances in the EEFC accounts