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Home News News and Press Release Month 8 2019 2019 (8) This
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Exchange Rate of conversion of the Foreign Currencies relating to Imported and Export Goods notified

August 14, 2019
  • 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 Indirect Taxes and Customs No.55/2019-CUSTOMS (N.T.), dated 1st August, 2019 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes 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 15th August, 2019, 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 Exported Goods)

1.

Australian Dollar

49.35

47.15

2.

Bahraini Dinar

194.45

182.40

3.

Canadian Dollar               

54.65

52.70

4.

Chinese Yuan

10.25

9.95

5.

Danish Kroner

10.80

10.45

6.

EURO

80.80

77.80

7.

Hong Kong Dollar

9.20

8.90

8.

Kuwaiti Dinar

241.05

226.05

9.

New Zealand Dollar

47.15

45.00

10.

Norwegian Kroner

8.15

7.85

11.

Pound Sterling

87.20

84.05

12.

Qatari Riyal

20.05

18.80

13.

Saudi Arabian Riyal

19.55

18.35

14.

Singapore Dollar

52.15

50.40

15.

South African Rand

4.85

4.55

16.

Swedish Kroner

7.55

7.30

17.

Swiss Franc

74.20

71.30

18.

Turkish Lira

13.10

12.30

19.

UAE Dirham

19.95

18.70

20.

US Dollar

71.85

70.15

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

68.05

65.50

2.

Korean Won

6.05

5.65

 

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