Exchange Rate of Foreign Currency w.e.f 05.05.2017

By | May 4, 2017
(Last Updated On: May 4, 2017)

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.40/2017-CUSTOMS (N.T.), dated 20th April, 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 05th May, 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 48.65 46.75
2. Bahrain Dinar 176.50 164.55
3. Canadian Dollar 47.60 46.05
4. Chinese Yuan 9.45 9.15
5. Danish Kroner 9.60 9.25
6. EURO 71.25 68.80
7. Hong Kong Dollar 8.35 8.15
8. Kuwait Dinar 218.35 204.10
9. New Zealand Dollar 45.05 43.45
10. Norwegian Kroner 7.55 7.30
11. Pound Sterling 84.10 81.30
12. Qatari Riyal 18.15 17.15
13. Saudi Arabian Riyal 17.70 16.55
14. Singapore Dollar 46.75 45.20
15. South African Rand 4.95 4.60
16. Swedish Kroner 7.40 7.15
17. Swiss Franc 65.75 63.55
18. UAE Dirham 18.10 16.90
19. US Dollar 65.10 63.40

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 57.95 56.00
2. Kenya Shilling 64.50 60.25

 

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