Exchange Rate of Foreign Currency Relating to imported and Export Goods Notified

By | December 3, 2015
(Last Updated On: December 3, 2015)

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 super session of the notification of the Central Board of Excise & Customs (CBEC) No.112/2015-CUSTOMS (N.T.), dated 19th November, 2015, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & Customs (CBEC) hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each ofSchedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 4th December, 2015, 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 CurrencyRate 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 Dollar49.4548.00
2.Bahrain Dinar183.05171.75
3.Canadian Dollar

 

50. 5549.45
4.Danish Kroner9.609.35
5.EURO71.6569.85
6.Hong Kong Dollar8.708.55
7.Kuwait Dinar226.00212.70
8.New Zealand Dollar45.0543.70
9.Norwegian Kroner7.807.60
10.Pound Sterling100.7098.50
11.Singapore Dollar47.8046.80
12.South African Rand4.754.50
13.Saudi Arabian Riyal18.3017.30
14.Swedish Kroner7.757.60
15.Swiss Franc66.2564.60
16.UAE Dirham18.7017.70
17.US Dollar67.2566.25

SCHEDULE-II

 

                                      Sl.No.Foreign CurrencyRate 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 Yen54.7553.50
2.Kenya Shilling67.2063.45

Source :Press  Information Bureau, Govt of India, Ministry of Finance 03-December, 2015

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