Imported and Export goods: Exchange Rate of foreign currency

Newsroom24x7 Staff


exchange-rate-imported-and-export-goodsNew Delhi:
The Central Board of Excise and Customs has determined the exchanged rate of foreign currency for imported and export goods that will come into effect from today, 4 November 2016.

The new exchange rates have been determined and notified under powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification [No.127/2016-CUSTOMS (N.T.)] of 20 October 2016. The latest notification draws an exception in respect of things done or omitted to be done before such supersession, the Central Board of Excise and Customs

The exchange rate of foreign currency for Imported and Export goods is as follows:

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 52.05 50.25
2. Bahrain Dinar 183.20 171.10
3. Canadian Dollar 50.70 49.10
4. Danish Kroner 10.15 9.80
5. EURO 75.50 73.00
6. Hong Kong Dollar 8.70 8.50
7. Kuwait Dinar 228.10 213.10
8. New Zealand Dollar 49.65 47.95
9. Norwegian Kroner 8.30 8.00
10. Pound Sterling 83.65 80.90
11. Singapore Dollar 48.95 47.50
12. South African Rand 5.10 4.80
13. Saudi Arabian Riyal 18.40 17.20
14. Swedish Kroner 7.60 7.35
15. Swiss Franc 70.05 67.60
16. UAE Dirham 18.80 17.60
17. US Dollar 67.60 65.90
18.

 

Chinese Yuan 10.05 9.70

 

 

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 66.15

 

63.95
2. Kenya Shilling 67.95 63.55