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Home News News and Press Release Month 8 2017 2017 (8) This

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Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified
3-8-2017
  • 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.72/2017-CUSTOMS (N.T.), dated 20th July, 2017, 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 4th August, 2017, 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

51.45

49.65

2.

Bahrain Dinar

174.75

163.25

3.

Canadian Dollar

51.40

49.80

4.

Chinese Yuan

9.65

9.30

5.

Danish Kroner

10.35

9.95

6.

EURO

76.80

74.15

7.

Hong Kong Dollar

8.25

8.05

8.

Kuwait Dinar

218.40

204.00

9.

New Zealand Dollar

48.05

46.20

10.

Norwegian Kroner

8.20

7.90

11.

Pound Sterling

85.65

82.80

12.

Qatari Riyal

18.05

17.05

13.

Saudi Arabian Riyal

17.55

16.45

14.

Singapore Dollar

47.60

46.05

15.

South African Rand

5.00

4.65

16.

Swedish Kroner

8.00

7.70

17.

Swiss Franc

66.70

64.45

18.

UAE Dirham

17.95

16.80

19.

US Dollar

64.55

62.85

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

58.55

56.55

2.

Kenya Shilling

63.45

59.30
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