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Home News News and Press Release Month 9 2016 2016 (9) This

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Exchange Rate of Foreign Currency relating to Imported and Export Goods notified
15-9-2016
  • Contents

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.119/2016-CUSTOMS (N.T.), dated 1st September, 2016, 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 16th September, 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

50.80

49.05

2.

Bahrain Dinar

183.70

171.40

3.

Canadian Dollar

51.40

49.85

4.

Danish Kroner

10.30

9.90

5.

EURO

76.55

74.00

6.

Hong Kong Dollar

8.75

8.50

7.

Kuwait Dinar

229.55

214.75

8.

New Zealand Dollar

49.60

47.70

9.

Norwegian Kroner

8.25

7.95

10.

Pound Sterling

90.25

87.20

11.

Singapore Dollar

49.80

48.20

12.

South African Rand

4.80

4.50

13.

Saudi Arabian Riyal

18.45

17.25

14.

Swedish Kroner

8.00

7.70

15.

Swiss Franc

70.00

67.55

16.

UAE Dirham

18.80

17.65

17.

US Dollar

67.75

66.05

18.

Chinese Yuan

10.20

9.85

SCHEDULE-II

 

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

66.55

64.35

2.

Kenya Shilling

68.35

63.90
 
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