A polarity-dependent reversible change in the current-voltage characteristics between states corresponding to different values of the excess current ${{I}_{exc}}$ is observed for bias voltages of several hundred millivolts in $Ag-ReB{{a}_{2}}C{{u}_{3}}{{O}_{7-x}}$ $left( Retext{ }=text{ }Y,text{ }Ho right)$ point contacts in the current-carrying state. The observed effect has a high intensity (right up to a complete suppression or recovery of ${{I}_{exc}}$) and is not accompanied by a noticeable variation of the energy gap or the critical temperature in the point contact region. It is also established that the states with intermediate values of $I_{exc}$ are stable for zero bias voltages across the point contacts, at least up to $110 K$. It is assumed that the variation of ${{I}_{exc}}$ and the corresponding modification of IVC are due to the oxygen migration processes induced by the electric field and current, resulting in a local variation of the superconducting parameters in the point-contact region.
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