Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified

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Azadi Ka Amrit Mahoutsav

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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 supersession of the notification of the Central Board of Excise and Customs No.5/2017-CUSTOMS (N.T.), dated 19thJanuary, 2017, except as respects things done or omitted to be done before such supersession, the Central Board of Excise 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 03rd February, 2017, 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 52.50 50.70
2. Bahrain Dinar 185.50 173.10
3. Canadian Dollar 52.70 51.10
4. Danish Kroner 10.00 9.60
5. EURO 74.20 71.70
6. Hong Kong Dollar 8.80 8.60
7. Kuwait Dinar 229.05 214.35
8. New Zealand Dollar 50.25 48.50
9. Norwegian Kroner 8.35 8.05
10. Pound Sterling 87.05 84.20
11. Singapore Dollar 48.60 47.15
12. South African Rand 5.20 4.85
13. Saudi Arabian Riyal 18.60 17.45
14. Swedish Kroner 7.85 7.60
15. Swiss Franc 69.25 67.05
16. UAE Dirham 19.00 17.80
17. US Dollar 68.40 66.70
18.

 

Chinese Yuan 10.00 9.65
19.

 

Qatari Riyal 19.15 18.10

 

 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 60.95 58.95
2. Kenya Shilling 67.25 62.90

 

*****

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Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc. She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
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