Change in Exchange Rate of Foreign Currency relating to Imported and Export w.e.f 22.02.2019

By | February 21, 2019
(Last Updated On: February 21, 2019)

Ministry of Finance

Exchange Rate of Foreign Currency relating to Imported and Export Goods Notified

Posted On: 21 FEB 2019 5:43PM by PIB Delhi

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 Indirect Taxes and Customs (CBIC) No.09/2019-CUSTOMS (N.T.), dated 7th February, 2019 except as respects things done or omitted to be done before such super-session, the Central Board of Indirect Taxes and Customs (CBIC) 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 22nd February, 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.

                                                                 SCHEDULEI

Sl.No.Foreign CurrencyRate 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 Dollar52.2049.90
2.Bahraini Dinar194.85182.80
3.Canadian Dollar               54.9553.05
4.Chinese Yuan10.8010.45
5.Danish Kroner11.0010.60
6.EURO82.2579.25
7.Hong Kong Dollar9.258.90
8.Kuwaiti Dinar242.20226.70
9.New Zealand Dollar50.0547.80
10.Norwegian Kroner8.458.15
11.Pound Sterling94.5091.20
12.Qatari Riyal20.2018.90
13.Saudi Arabian Riyal19.6018.35
14.Singapore Dollar53.6051.70
15.South African Rand5. 254.90
16.Swedish Kroner7.757.50
17.Swiss Franc72.5569.60
18.Turkish Lira13.8012.95
19.UAE Dirham20.0018.75
20.US Dollar72.0070.30

 SCHEDULEII

Sl.No.Foreign CurrencyRate of exchange of 100 units of foreign currency equivalent to Indian rupees
(1)    (2)(3)
  (a)(b)
  (For Imported Goods)  (For Exported Goods)
1.Japanese Yen65.4063.00
2.Korean Won6.556.15

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