Exchange Rate of Foreign Currency relating to Imported and Exported Goods, notified

The Central Board of Excise and Customs in exercise of the powers conferred by section 14 of the Customs Act, 1962 and in supersession of the notification of the Central Board of Excise and Customs No.96/2016-CUSTOMS (N.T.), dated 06th July, 2016, except as respects things done or omitted to be done before such supersession, 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 22nd July, 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 51.30 49.50
2. Bahrain Dinar 184.60 172.25
3. Canadian Dollar

 

52.40 50.75
4. Danish Kroner 10.15 9.80
5. EURO 75.45 72.95
6. Hong Kong Dollar 8.80 8.55
7. Kuwait Dinar 230.00 215.20
8. New Zealand Dollar 47.85 46.20
9. Norwegian Kroner 8.10 7.80
10. Pound Sterling 91.15 86.90
11. Singapore Dollar 50.40 48.75
12. South African Rand 4.85 4.55
13. Saudi Arabian Riyal 18.55 17.35
14. Swedish Kroner 8.00 7.70
15. Swiss Franc 69.55 67.10
16. UAE Dirham 18.95 17.75
17. US Dollar 68.15 66.45
18.

 

Chinese Yuan 10.25 9.90

 

 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 63.80 61.75
2. Kenya Shilling 68.55 64.10

 

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