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Government of India
Ministry of Finance
20-April-2017 15:28 IST
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.33/2017-CUSTOMS (N.T.), dated 6th April, 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 21st April, 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

49.50

47.75

2.

Bahrain Dinar

177.75

165.75

3.

Canadian Dollar

48.85

47.20

4.

Chinese Yuan

9.55

9.25

5.

Danish Kroner

9.50

9.15

6.

EURO

70.65

68.20

7.

Hong Kong Dollar

8.45

8.20

8.

Kuwait Dinar

219.65

205.35

9.

New Zealand Dollar

46.40

44.70

10.

Norwegian Kroner

7.70

7.40

11.

Pound Sterling

84.25

81.45

12.

Qatari Riyal

18.25

17.25

13.

Saudi Arabian Riyal

17.85

16.70

14.

Singapore Dollar

47.05

45.55

15.

South African Rand

5.05

4.70

16.

Swedish Kroner

7.35

7.10

17.

Swiss Franc

66.05

63.70

18.

UAE Dirham

18.20

17.05

19.

US Dollar

65.55

63.85

 

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

60.45

58.40

2.

Kenya Shilling

64.75

60.50

           

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