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

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.81/2017-CUSTOMS (N.T.), dated  17th August, 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 8th September, 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

52.10

50.30

2.

Bahrain Dinar

175.85

164.25

3.

Canadian Dollar               

53.20

51.50

4.

Chinese Yuan

10.00

9.65

5.

Danish Kroner

10.45

10.05

6.

EURO

77.75

75.10

7.

Hong Kong Dollar

8.30

8.05

8.

Kuwait Dinar

220.00

205.45

9.

New Zealand Dollar

47.05

45.35

10.

Norwegian Kroner

8.40

8.05

11.

Pound Sterling

85.05

82.20

12.

Qatari Riyal

17.95

16.95

13.

Saudi Arabian Riyal

17.65

16.55

14.

Singapore Dollar

48.25

46.75

15.

South African Rand

5.20

4.85

16.

Swedish Kroner

8.20

7.90

17.

Swiss Franc

68.15

65.90

18.

UAE Dirham

18.05

16.90

19.

US Dollar

64.90

63.25

 

                                                                                                                               

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

59.75

57.75

2.

Kenya Shilling

64.20

59.95

 
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