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), and in super session of the notification of the Central Board of
Excise & Customs (CBEC)No.84/2015-CUSTOMS (N.T.), dated 3rd September,
2015, except as respects things done or omitted to be done before such
supersession, the Central Board of Excise & 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 IIannexed
hereto, into Indian currency or vice versa, shall, with effect
from 18th September, 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
|
48.10
|
46.85
|
|
|
2.
|
Bahrain Dinar
|
181.70
|
171.20
|
|
|
3.
|
Canadian
Dollar
|
50.80
|
49.70
|
|
|
4.
|
Danish Kroner
|
10.20
|
9.95
|
|
|
5.
|
EURO
|
76.10
|
74.25
|
|
|
6.
|
Hong Kong Dollar
|
8.65
|
8.50
|
|
|
7.
|
Kuwait Dinar
|
226.80
|
214.25
|
|
|
8.
|
New Zealand Dollar
|
42.90
|
41.60
|
|
|
9.
|
Norwegian Kroner
|
8.25
|
8.05
|
|
|
10.
|
Pound Sterling
|
103.25
|
101.00
|
|
|
11.
|
Singapore Dollar
|
47.95
|
47.00
|
|
|
12.
|
South African Rand
|
5.10
|
4.80
|
|
|
13.
|
Saudi Arabian Riyal
|
18.25
|
17.25
|
|
|
14.
|
Swedish Kroner
|
8.10
|
7.90
|
|
|
15.
|
Swiss Franc
|
69.30
|
67.50
|
|
|
16.
|
UAE Dirham
|
18.65
|
17.60
|
|
|
17.
|
US Dollar
|
67.05
|
66.00
|
|
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
|
55.95
|
54.75
|
|
2.
|
Kenya Shilling
|
64.75
|
61.20
|
*************
Quarterly
Report on DEBT Management for the First Quarter (April-June 2015) of Current
Financial Year 2015-16 (Q 1 FY 16) Released; Government Issues Dated Securities
Worth Rs. 180,000 Crore in Q1 Of FY 16 Lower than Rs. 198,000 Crore in Q1 Of FY
15;
Net
Market Borrowings During the First Quarter Stood at 23.6 Per Cent of
Budget Estimates (BE), Also Lower than 26.6 Per Cent of be in the Previous
Year; Trading Volumes During the Qurter, on an Outright Basis, were Marginally
Higher by 0.91 Per Cent over the Previous Quarter, with Treasury Bills Contributed to Most of the Increase in
Trading Activity;the Annualised Outright Turnover Ratio for Central Government
Dated Securities for Q1 of FY16 was at 4.6.
Since
April -June (Q1) 2010-11, Middle Office (MO), Budget Division, Department of
Economic Affairs, Ministry of Finance, is bringing-out a Quarterly Report on
Debt Management on regular basis. The Current Report pertains to the Quarter
April-June 2015 i.e. First Quarter of Financial Year 2015-16 (Q1 FY 16).
During Q1 of FY16, the Government issued dated securities worth Rs. 180,000
crore (30.0 per cent of BE), lower than Rs. 198,000 crore (33.0 per cent of BE)
in Q1 of FY 15. Net market borrowings during the quarter at 23.6 per cent of BE
were, also lower than 26.6 per cent of BE in the previous year. Auctions
during Q1 of FY16 were held broadly in accordance with the pre-announced
calendar. Four new securities were issued during the quarter, including a new
10-year benchmark paper. The weighted average maturity (WAM) of dated
securities issued during Q1 of FY16 was at 15.19 years. The weighted average
yield (cut-off) of issuance during Q1 of FY16, was at 7.92 per cent as against
7.79 per cent in Q4 of FY15, reflecting marginal hardening in yields during the
quarter. Liquidity conditions in the economy remained tight during mid
part of the quarter and eased towards the quarter end. The cash position of the
Government during Q1 of FY16 was comfortable and remained in surplus mode
during the quarter. The issuance amount under Treasury bills were also broadly
as per calendar.
The
Public Debt (excluding liabilities under the ‘Public Account’) of the Central
Government provisionally increased by 3.5 per cent in Q1 of FY 16 on Q-o-Q
basis. Internal debt constituted 92.3 per cent of public debt as at end-June
2015, while marketable securities accounted for 84.2 per cent of public
debt. About 29.5 per cent of outstanding stock has a residual maturity of
up to 5 years, which implies that over the next five years, on an average,
around 5.9 per cent of outstanding stock needs to be rolled over every year.
Thus, the rollover risk in the debt portfolio continues to be low. The
implementation of budgeted buy back/ switches in coming years is expected to
reduce roll over risk further.
G-Sec
market opened the quarter on positive note on account of weak US job data. The
yields, however, saw some hardening during the quarter. The
yield of 10-year benchmark paper breached 8% in May 2015, first time since mid-
December 2014. Ten year benchmark yield closed at 7.87% on June 30, 2015 as
against 7.80% on March 31, 2015. In the first quarter, trading volumes, on an
outright basis, were marginally higher by 0.91 per cent over the previous
quarter, with Treasury bills contributed to most of the increase in trading
activity. The annualised outright turnover ratio for Central Government dated
securities for Q1 of FY16 was at 4.6.
http://pibphoto.nic.in/documents/rlink/2015/sep/p201591701.pdf
*********
Finance Minister to Leave Tonight on a Four Day Official
Visit to Singapore and Hong Kong; During First Leg of his Visit to Singapore,
FM will Address the Singapore Summit;
To Attend Meetings with Prominent
Investors and Fund Managers Including Meetings with Temasek and GIC, Singapore
Government Owned Wealth Funds and also Hold Talks with Pension Funds Regarding
Their Participation in National Investment & Infrastructure Fund (NIIF); to
Meet Mr Lee Hsien Loong, the Prime Minister of Singapore; to Hold the Bilateral
Meetings with Mr Tharman Shanmugaratnam, Deputy Prime Minister and Minister for
Finance; During his Visit to Hong Kong, FM will Address the Investors at the
Capital Markets and Institutional Investors’ Summit; will Hold Meetings with
Hong Kong Trade Development Council (HKTDC) and Greater China Chamber of
Commerce and Hold Group Meetings with Financial Sector Investors and Fund
Managers; to Address an Event Organized by Indian Community in Hong Kong Among
Others
The
Finance Minister Shri Arun Jaitley will be leaving tonight on a four day
official visit to Singapore and Hong Kong. During the first leg of his visit,
the Finance Minister will be arriving in Singapore on 18th and
will stay there till 19th September and will later visit Hong
Kong on 20th and 21st September 2015. During
his visit to Singapore, he will be giving a talk at the Singapore Summit on
“India: A Heaven of Opportunity in Globally Challenging Times”. Singapore
Summit is an annual investment event organized by the Government of Singapore
with participation from various Asian countries. During his stay in Singapore,
the Finance Minister will meet Mr Lee Hsien Loong, the Prime
Minister of Singapore. He would also be holding the bilateral meetings with Mr
Tharman Shanmugaratnam, Deputy Prime Minister and Minister for Finance, and Mr
K. Shanmugam, Minister for Foreign Affairs of Singapore. He would attend
meetings with prominent investors and fund managers in Singapore. He is having
meetings with Temasek and GIC, Singapore Government owned wealth funds.
He will be having talks with the Pension Funds regarding their participation in
National Investment & Infrastructure Fund (NIIF), being promoted by the
Government of India. The Finance Minister is also addressing a meeting of
Singapore businesses, jointly organized by Indian High Commission and FICCI.
In
Hong Kong, the Finance Minister Shri Arun Jaitley would be addressing the
investors at the Capital Markets and Institutional Investors’ Summit organized
by the Asia Pacific Investors Cooperation (APIC) on 21 September, 2015. The
Summit will present to select Asian Institutional investors the developments in
India’s Capital Markets and investment opportunities. The Finance Minister Shri
Jaitley is having meetings with Hong Kong Trade Development Council (HKTDC) and
Greater China Chamber of Commerce. He is also having small group meetings with
financial sector investors and fund managers in Hong Kong. The Finance Minister
Shri Jaitley would be meeting the Chief Executive of Hong Kong on 21 September,
2015. Shri Jaitley is also addressing an event organized by Indian community in
Hong Kong. The Finance Minister will return home on the early morning of 22nd September,
2015.
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