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Rate of Exchange of conversion of the Foreign Currencies notified by CBIC

Rate of Exchange of conversion of the Foreign Currencies notified by CBIC

In exercise of the powers conferred by Section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes and Customs (CBIC) notified the Rate of Exchange of conversion of the Foreign Currencies into Indian currency or vice versa, which is relating to imported and export goods.

New exchange rate will be effective from 21st March, 2019.

SCHEDULE-I

Foreign Currency

Rate of exchange of one unit of foreign currency equivalent to Indian rupees

 

(For Imported Goods)

(For Exported Goods)

Australian Dollar

50.05

47.85

Bahraini Dinar

189.50

177.70

Canadian Dollar               

52.85

50.90

Chinese Yuan

10.45

10.15

Danish Kroner

10.70

10.30

EURO

80.00

77.05

Hong Kong Dollar

9.00

8.65

Kuwaiti Dinar

235.65

220.50

New Zealand Dollar

48.50

46.30

Norwegian Kroner

8.25

7.95

Pound Sterling

93.30

90.00

Qatari Riyal

19.65

18.40

Saudi Arabian Riyal

19.05

17.85

Singapore Dollar

52.05

50.25

South African Rand

4. 95

4.60

Swedish Kroner

7.65

7.35

Swiss Franc

70.55

67.80

Turkish Lira

13.00

12.25

UAE Dirham

19.45

18.25

US Dollar

70.00

68.35

SCHEDULE-II 

Foreign Currency

Rate of exchange of 100 units of foreign currency equivalent to Indian rupees

 

(For Imported Goods)

  (For Exported Goods)

Japanese Yen

63.15

60.80

Korean Won

6.30

5.95

 

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