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

October 18, 2017
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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.94/2017-CUSTOMS (N.T.), dated  5th October, 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 19th October, 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

52.00

50.20

2.

Bahrain Dinar

178.20

166.55

3.

Canadian Dollar               

52.90

51.10

4.

Chinese Yuan

10. 00

9.65

5.

Danish Kroner

10.45

10.05

6.

EURO

77.85

75.20

7.

Hong Kong Dollar

8.45

8.20

8.

Kuwait Dinar

222.55

207.90

9.

New Zealand Dollar

47.40

45.70

10.

Norwegian Kroner

8.35

8.05

11.

Pound Sterling

87.20

84.35

12.

Qatari Riyal

17. 65

16.55

13.

Saudi Arabian Riyal

17.90

16.75

14.

Singapore Dollar

48.75

47.25

15.

South African Rand

5.00

4.70

16.

Swedish Kroner

8.10

7.80

17.

Swiss Franc

67.50

65.30

18.

UAE Dirham

18.30

17.10

19.

US Dollar

65.85

64.15

 

 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

58.90

56.95

2.

Kenya Shilling

65.10

60.80

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