Friday 27 May 2022
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Forex rates for import-export notified

New Delhi: The Central Board of Excise and Customs has announced the latest foreign exchange rates applicable for traders. The notification is in conformity with 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.138/2016-CUSTOMS (NT) of 17 November. hioubds

The rates won’t apply for transactions before such supersession. These rates of exchange for each of the foreign currencies will come into force with effect from tomorrow.

[stextbox id=”info” caption=”SCHEDULE I”]

 

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 51.70 49.75
2. Bahrain Dinar 188.20 175.70
3. Canadian 51.90 50.35
4. Danish Kroner 9.95 9.60
5. EURO 73.90 71.40
6. Hong Kong 8.95 8.70
7. Dinar 232.35 217.55
8. New Zealand 49.45 47.75
9. Norwegian Kroner 8.20 7.90
10. Pound Sterling 87.25 84.45
11. Singapore 48.60 47.20
12. South African Rand 5.05 4.70
13. Saudi Arabian Riyal 18.90 17.70
14. Swedish Kroner 7.55 7.30
15. Swiss Franc 68.55 66.35
16. UAE Dirham 19.30 18.05
17. US 69.40 67.70
18.

 

Chinese Yuan 10.10 9.80

[/stextbox]

[stextbox id=”info” caption=”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 61.00

 

59.00
2. Shilling 69.60 65.15

[/stextbox]

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