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Home News News and Press Release Month 3 2015 2015 (3) This

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

20-3-2015
  • Contents

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.28/2015-CUSTOMS (N.T.), dated the 5th March, 2015 vide number S.O.566 (E), dated the 5th March, 2015, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs 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 20th March, 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

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

49.00

47.75

2.

Bahrain Dinar

170.55

161.25

3.

Canadian Dollar

50.20

49.00

4.

Danish Kroner

9.15

8.90

5.

EURO

68.20

66.50

6.

Hong Kong Dollar

8.15

8.00

7.

Kuwait Dinar

215.05

203.05

8.

New Zealand Dollar

47.25

46.05

9.

Norwegian Kroner

7.65

7.45

10.

Pound Sterling

94.20

92.10

11.

Singapore Dollar

45.85

44.75

12.

South African Rand

5.30

5.05

13.

Saudi Arabian Riyal

17.15

16.20

14.

Swedish Kroner

7.30

7.10

15.

Swiss Franc

63.80

62.30

16.

UAE Dirham

17.50

16.55

17.

US Dollar

63.00

62.00

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

52.55

51.35

2.

Kenya Shilling

69.95

66.00

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