Exchange Rate of Foreign Currency Relating to Imported and Export Goods Notified
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), the Central Board of Excise & Customs
(CBEC) 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 5th June, 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
|
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
|
50.35
|
48.90
|
||
|
2.
|
Bahrain Dinar
|
175.20
|
165.60
|
||
|
3.
|
Canadian
Dollar
|
52.10
|
50.95
|
||
|
4.
|
Danish Kroner
|
9.85
|
9.55
|
||
|
5.
|
EURO
|
73.30
|
71.50
|
||
|
6.
|
Hong Kong Dollar
|
8.35
|
8.20
|
||
|
7.
|
Kuwait Dinar
|
218.65
|
206.65
|
||
|
8.
|
New Zealand Dollar
|
46.45
|
45.25
|
||
|
9.
|
Norwegian Kroner
|
8.40
|
8.15
|
||
|
10.
|
Pound Sterling
|
99.50
|
97.30
|
||
|
11.
|
Singapore Dollar
|
48.20
|
47.20
|
||
|
12.
|
South African Rand
|
5.35
|
5.05
|
||
|
13.
|
Saudi Arabian Riyal
|
17.60
|
16.65
|
||
|
14.
|
Swedish Kroner
|
7.85
|
7.65
|
||
|
15.
|
Swiss Franc
|
69.60
|
67.95
|
||
|
16.
|
UAE Dirham
|
18.00
|
17.00
|
||
|
17.
|
US Dollar
|
64.75
|
63.70
|
||
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
|
52.15
|
51.00
|
||
|
2.
|
Kenya Shilling
|
68.30
|
64.40
|
||
***********
India Signs Legal Agreement with the World Bank for IBRD Loan of US$ 4oo
Million for Tamilnadu Sustainable Urban Development Project
The Loan and Project Agreements for World Bank (IBRD) assistance of US$
400 million for Tamil Nadu Sustainable Urban Development Project were signed
between the Government of India/ Government of Tamil Nadu and World Bank here
yesterday.
The Loan Agreement was signed by Shri Raj Kumar, Joint Secretary, Department of Economic Affairs, Ministry of Finance on behalf of Government of lndia and Mr. Onno Ruhl, Country Director, World Bank (lndia) on behalf of the World Bank. The Project Agreements were signed by Shri Praveen P. Nair, Deputy Secretary, Municipal Administration and Water Supply Department, Govt. of Tamil Nadu on behalf of the State Government and Smt. Anita Praveen, Principal Secretary/ Chairperson and Managing Director, Tamil Nadu Urban Infrastructure Financing Services Ltd. (TNUIFSL) on behalf of TNUIFSL and Tamil Nadu Urban Development Fund. Mr.Onno Ruhl signed both Project Agreements on behalf of the World Bank.
The objective of the project is to improve urban services in participating Urban Local Bodies (ULBs) in a financially sustainable manner and to pilot improved urban management practices in selected cities. The total project size is US$ 600 million, out of which World Bank support is US$ 400 million.
The project consists of following three main components:
• Investment in Urban Services. The project will support improvement in range of urban services, including water, sewerage, municipal solid waste, urban transportation, sewerage management and storm water drainage. The project also envisages creation of a reserve fund to provide credit enhancements for municipal bonds and other market based Loan instruments issued by ULBs.
• Result Based Grants for Urban Governance: The project will provide results-based grants to eligible ULBs to implement new urban-management models that strengthen governance and financial sustainability.
• Urban Sector Technical Assistance: The project will support strengthening the capacity of ULBs and urban sector officials.
The Loan Agreement was signed by Shri Raj Kumar, Joint Secretary, Department of Economic Affairs, Ministry of Finance on behalf of Government of lndia and Mr. Onno Ruhl, Country Director, World Bank (lndia) on behalf of the World Bank. The Project Agreements were signed by Shri Praveen P. Nair, Deputy Secretary, Municipal Administration and Water Supply Department, Govt. of Tamil Nadu on behalf of the State Government and Smt. Anita Praveen, Principal Secretary/ Chairperson and Managing Director, Tamil Nadu Urban Infrastructure Financing Services Ltd. (TNUIFSL) on behalf of TNUIFSL and Tamil Nadu Urban Development Fund. Mr.Onno Ruhl signed both Project Agreements on behalf of the World Bank.
The objective of the project is to improve urban services in participating Urban Local Bodies (ULBs) in a financially sustainable manner and to pilot improved urban management practices in selected cities. The total project size is US$ 600 million, out of which World Bank support is US$ 400 million.
The project consists of following three main components:
• Investment in Urban Services. The project will support improvement in range of urban services, including water, sewerage, municipal solid waste, urban transportation, sewerage management and storm water drainage. The project also envisages creation of a reserve fund to provide credit enhancements for municipal bonds and other market based Loan instruments issued by ULBs.
• Result Based Grants for Urban Governance: The project will provide results-based grants to eligible ULBs to implement new urban-management models that strengthen governance and financial sustainability.
• Urban Sector Technical Assistance: The project will support strengthening the capacity of ULBs and urban sector officials.
*****
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