The Reserve Bank of India (RBI) has asked foreign exchange earners, including exporters to convert 50 percent of their retained foreign exchange earnings into the rupee currency.In a notification issued from Mumbai yesterday, the RBI has revised the rules regarding Exchange Earner's Foreign Currency – EEFC Account. The notification informs exporters that from now on, they can retain just 50 percent of their foreign exchange earnings in non-interest bearing EEFC accounts. The balance 50 percent will have to be surrendered for conversion to rupee. Earlier, exporters were allowed to retain 100 per cent of their earnings into foreign currency.