CBEC notifies Exchange Rate of Foreign Currency w.e.f. 8th September,2017

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.81/2017-CUSTOMS (N.T.), dated  17^th August, 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 8^th September,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	52.10	50.30
2.	Bahrain Dinar	175.85	164.25
3.	Canadian Dollar	53.20	51.50
4.	Chinese Yuan	10.00	9.65
5.	Danish Kroner	10.45	10.05
6.	EURO	77.75	75.10
7.	Hong Kong Dollar	8.30	8.05
8.	Kuwait Dinar	220.00	205.45
9.	New Zealand Dollar	47.05	45.35
10.	Norwegian Kroner	8.40	8.05
11.	Pound Sterling	85.05	82.20
12.	Qatari Riyal	17.95	16.95
13.	Saudi Arabian Riyal	17.65	16.55
14.	Singapore Dollar	48.25	46.75
15.	South African Rand	5.20	4.85
16.	Swedish Kroner	8.20	7.90
17.	Swiss Franc	68.15	65.90
18.	UAE Dirham	18.05	16.90
19.	US Dollar	64.90	63.25

 

 

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	59.75	57.75
2.	Kenya Shilling	64.20	59.95