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Home News News and Press Release Month 6 2012 2012 (6) This

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Exchange rates relating to imported and export goods notified.
21-6-2012
  • Contents

Press Information Bureau
Government of India
Ministry of Finance

21-June-2012 18:47 IST

Exchange rates relating to imported and export goods notified

            In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the Notification of the Government of India in the Ministry of Finance (Department of Revenue) No.49/2012-CUSTOMS (N.T.), dated the 7th June, 2012 vide number S.O.1304 (E), dated the 7th June, 2012, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs (CBEC) hereby determines that the rate of exchange of conversion of each of the foreign currency 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 June, 2012 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

 

S.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

57.60

56.35

2.

Bahraini Dinar

152.50

144.40

3.

Canadian Dollar                

55.50

54.30

4.

Danish Kroner

9.65

9.40

5.

EURO

71.70

70.10

6.

Hong Kong Dollar

7.25

7.15

7.

Kenyan Shilling

68.35

64.50

8.

Kuwaiti Dinar

206.10

194.45

9.

Newzealand Dollar

45.10

43.85

10.

Norwegian Kroner

9.55

9.25

11.

Pound Sterling

88.90

87.05
         

12.

Singapore Dollar

44.55

43.65

13.

South African Rand

7.00

6.65

14.

South Arabian Riyal

15.35

14.50

15.

Swedish Kroner

8.15

7.90

16.

Swiss Franc

59.80

58.30

17.

UAE Dirham

15.65

14.80

18.

US Dollar

56.35

55.5

                                                            

 SCHEDULE-II

S.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

71.85

             70.05

                             

 

 

 

 

 

 

 

 

****

DSM/SS/Hb
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