Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified

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New Delhi: In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.72/2017-CUSTOMS (N.T.), dated 20th July, 2017, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 4th August, 2017, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of the said section, relating to imported and export goods.

SCHEDULE-I 

Sl.No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
(1)     (2) (3)
               (a)                 (b)
    (For Imported Goods)   (For Export Goods)
1. Australian Dollar 51.45 49.65
2. Bahrain Dinar 174.75 163.25
3. Canadian Dollar 51.40 49.80
4. Chinese Yuan 9.65 9.30
5. Danish Kroner 10.35 9.95
6. EURO 76.80 74.15
7. Hong Kong Dollar 8.25 8.05
8. Kuwait Dinar 218.40 204.00
9. New Zealand Dollar 48.05 46.20
10. Norwegian Kroner 8.20 7.90
11. Pound Sterling 85.65 82.80
12. Qatari Riyal 18.05 17.05
13. Saudi Arabian Riyal 17.55 16.45
14. Singapore Dollar 47.60 46.05
15. South African Rand 5.00 4.65
16. Swedish Kroner 8.00 7.70
17. Swiss Franc 66.70 64.45
18. UAE Dirham 17.95 16.80
19. US Dollar 64.55 62.85

SCHEDULE-II

                        Sl.No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)     (2) (3)
(a) (b)
    (For Imported Goods)   (For Export Goods)
1. Japanese Yen 58.55 56.55
2. Kenya Shilling 63.45 59.30

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