Exchange Rate of Foreign Currency from 19th October, 2018
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 Indirect Taxes and
Customs No.85/2018-CUSTOMS (N.T.), dated 4th October,
2018 except as respects things done or omitted to be done before such
supersession, the Central Board of Indirect Taxes 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
19th October, 2018, 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 Exported Goods)
|
1.
|
Australian
Dollar
|
53.70
|
51.35
|
2.
|
Bahrain
Dinar
|
201.20
|
188.70
|
3.
|
Canadian
Dollar
|
57.70
|
55.75
|
4.
|
Chinese
Yuan
|
10.75
|
10.45
|
5.
|
Danish
Kroner
|
11.60
|
11.15
|
6.
|
EURO
|
86.35
|
83.30
|
7.
|
Hong
Kong Dollar
|
9.55
|
9.20
|
8.
|
Kuwait
Dinar
|
250.35
|
234.60
|
9.
|
New
Zealand Dollar
|
49.60
|
47.35
|
10.
|
Norwegian
Kroner
|
9.15
|
8.85
|
11.
|
Pound
Sterling
|
98.45
|
95.10
|
12.
|
Qatari
Riyal
|
20.85
|
19.55
|
13.
|
Saudi
Arabian Riyal
|
20.20
|
18.95
|
14.
|
Singapore
Dollar
|
54.35
|
52.50
|
15.
|
South
African Rand
|
5. 35
|
5.00
|
16.
|
Swedish
Kroner
|
8.40
|
8.10
|
17.
|
Swiss
Franc
|
75.60
|
72.60
|
18.
|
UAE
Dirham
|
20.65
|
19.35
|
19.
|
US
Dollar
|
74.30
|
72.60
|
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
|
66.60
|
64.15
|
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