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

By | December 18, 2015

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.136/2015-CUSTOMS (N.T.), dated 3rd December, 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 of Schedule I and  Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 18th 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 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

 

48.55 47.15
2. Bahrain Dinar

 

182.25 171.75
3. Canadian Dollar

 

48. 80 47.80
4. Danish Kroner

 

9.80 9.55
5. EURO

 

73.10 71.30
6. Hong Kong Dollar

 

8.70 8.55
7. Kuwait Dinar

 

226.10 213.65
8. New Zealand Dollar

 

45.55 44.20
9. Norwegian Kroner

 

7.65 7.45
10. Pound Sterling

 

100.80 98.60
11. Singapore Dollar

 

47.60 46.60
12. South African Rand

 

4.55 4.30
13. Saudi Arabian Riyal

 

18.30 17.30
14. Swedish Kroner

 

7.90 7.70
15. Swiss Franc

 

67.70 66.20
16. UAE Dirham

 

18.70 17.65
17. US Dollar

 

67.20 66.20

 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

 

55.0 53.80
2. Kenya Shilling

 

67.05 63.30

Source :press release, Govt of India,Ministry of Finance 17-December, 2015

Category: Uncategorized

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