Exchange Rate Relating to Imported and Export Goods Notified

By | November 5, 2015

Ministry of Finance

05-November, 2015

Exchange Rate of Foreign Currency 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 Central Board of Excise & Customs No.101/2015-CUSTOMS (N.T.), dated 15th October, 2015, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule Iand Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 6thNovember, 2015, 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 47.65 46.25
2. Bahrain Dinar 179.40 169.00
3. Canadian Dollar 50. 50 49.35
4. Danish Kroner 9.70 9.45
5. EURO 72.30 70.50
6. Hong Kong Dollar 8.55 8.40
7. Kuwait Dinar 223.05 210.70
8. New Zealand Dollar 43.85 42.65
9. Norwegian Kroner 7.70 7.50
10. Pound Sterling 102.10 99.85
11. Singapore Dollar 47.25 46.30
12. South African Rand 4.85 4.60
13. Saudi Arabian Riyal 18.00 17.05
14. Swedish Kroner 7.70 7.50
15. Swiss Franc 67.00 65.30
16. UAE Dirham 18.40 17.40
17. US Dollar 66.20 65.15

 

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

 

54.65 53.45
2. Kenya Shilling

 

66.25 62.55

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