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Home News News and Press Release Month 11 2017 2017 (11) This

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

16-11-2017

Contents

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.103/2017-CUSTOMS (N.T.), dated 2nd November, 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 17th November, 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	50.65	48.70
2.	Bahrain Dinar	179.15	167.45
3.	Canadian Dollar	52.00	50.40
4.	Chinese Yuan	10. 00	9.70
5.	Danish Kroner	10.55	10.15
6.	EURO	78.25	75.65
7.	Hong Kong Dollar	8.50	8.25
8.	Kuwait Dinar	223.50	209.20
9.	New Zealand Dollar	45.65	44.00
10.	Norwegian Kroner	8.05	7.80
11.	Pound Sterling	87.50	84.65
12.	Qatari Riyal	18. 45	17.45
13.	Saudi Arabian Riyal	18.00	16.85
14.	Singapore Dollar	48.95	47.45
15.	South African Rand	4.70	4.40
16.	Swedish Kroner	7.90	7.60
17.	Swiss Franc	67.20	65.00
18.	UAE Dirham	18.40	17.20
19.	US Dollar	66.20	64.50

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	58.85	56.85
2.	Kenya Shilling	65.20	60.90

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