Rate of exchange of conversion of foreign currency with effect from 16th October 2015

By | October 16, 2015

Rate of exchange

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 101/2015 – Customs (N.T.)

 Dated the 15th October, 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 No.97/2015-CUSTOMS (N.T.), dated 1st October, 2015, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & 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 16th October, 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 48.35 46.95
2. Bahrain Dinar 177.15 166.85
3. Canadian Dollar 50.75 49.65
4. Danish Kroner 10.10 9.85
5. EURO 75.30 73.45
6. Hong Kong Dollar 8.45 8.30
7. Kuwait Dinar 221.60 208.55
8. New Zealand Dollar 44.90 43.55
9. Norwegian Kroner 8.15 7.90
10. Pound Sterling 101.40 99.20
11. Singapore Dollar 47.70 46.60
12. South African Rand 5.05 4.75
13. Saudi Arabian Riyal 17.80 16.80
14. Swedish Kroner 8.10 7.90
15. Swiss Franc 69.15 67.50
16. UAE Dirham 18.15 17.15
17. US Dollar 65.35 64.30

  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 55.10 53.85
2. Kenya Shilling 64.65 61.00

 [F.No468/01/2015-Cus.V]

(Anurag Sehgal)

Under Secretary to the Govt. of India

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