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

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New Delhi, Dec 16: 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(CBEC) No.145/2016-CUSTOMS (N.T.), dated 1st December, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and  Customs (CBEC) 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 16th December, 2016, 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 51.35 49.40
2. Bahrain Dinar 186.25 173.85
3. Canadian Dollar                51.85 50.25
4. Danish Kroner 9.75 9.40
5. EURO 72.45 70.00
6. Hong Kong Dollar 8.85 8.60
7. Kuwait Dinar 229.70 215.00
8. New Zealand Dollar 49.10 47.20
9. Norwegian Kroner 8.05 7.75
10. Pound Sterling 86.50 83.75
11. Singapore Dollar 47.95 46.45
12. South African Rand 5.00 4.70
13. Saudi Arabian Riyal 18.70 17.50
14. Swedish Kroner 7.45 7.20
15. Swiss Franc 67.50 65.20
16. UAE Dirham 19.10 17.90
17. US Dollar 68.65 67.00
18.

 

Chinese Yuan 9.95 9.60

                                                                                                                            

 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 58.75 56.85
2. Kenya Shilling 68.70 64.25

 

 

 

 

 

     Source: PIB      

 

 

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