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 supersession of the notification of the Central Board of Excise and Customs(CBEC) No.18/2016-CUSTOMS (N.T.), dated 4th February, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and 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 IIannexed hereto, into Indian currency or vice versa, shall, with effect from 19th February, 2016, 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
|
49.65
|
48.40
| |
2.
|
Bahrain Dinar
|
186.90
|
176.20
| |
3.
|
Canadian Dollar
|
50.60
|
49.55
| |
4.
|
Danish Kroner
|
10.35
|
10.05
| |
5.
|
EURO
|
77.05
|
75.20
| |
6.
|
Hong Kong Dollar
|
8.85
|
8.70
| |
7.
|
Kuwait Dinar
|
235.15
|
222.45
| |
8.
|
New Zealand Dollar
|
46.20
|
45.00
| |
9.
|
Norwegian Kroner
|
8.10
|
7.90
| |
10.
|
Pound Sterling
|
98.95
|
96.75
| |
11.
|
Singapore Dollar
|
49.25
|
48.25
| |
12.
|
South African Rand
|
4.55
|
4.30
| |
13.
|
Saudi Arabian Riyal
|
18.75
|
17.75
| |
14.
|
Swedish Kroner
|
8.15
|
7.95
| |
15.
|
Swiss Franc
|
69.80
|
68.05
| |
16.
|
UAE Dirham
|
19.15
|
18.10
| |
17.
|
US Dollar
|
68.95
|
67.90
| |
18.
|
Chinese Yuan
|
10.60
|
10.40
| |
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
|
60.70
|
59.35
| |
2.
|
Kenya Shilling
|
69.15
|
65.35
| |
*****
The Central Government issues notification to reappoint Shri U.K. Sinha to the post of Chairman, SEBI
In exercise of the powers conferred by Section 4 of the Securities and Exchange Board of India (SEBI) Act, 1992 read with Rule 3 of SEBI Rules 1992, the Central Government has re-appointed Shri U.K. Sinha to the post of Chairman, SEBI with effect from 18.02.2016 to 01.03.2017 or until further orders, whichever is earlier. A notification to this effect has been issued today.
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