Rate of exchange of conversion of each of the foreign currency with effect from 8th June, 2012

Last updated: 08 June 2012

Notice Date : 07 June 2012

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, PART-II, SECTION 3, SUB-SECTION (ii), EXTRAORDINARY]

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

DEPARTMENT OF REVENUE

CENTRAL BOARD OF EXCISE AND CUSTOMS

Notification No.49/2012-Customs (N.T.)

Dated the 7th June, 2012

17 Jyaistha, 1934(SAKA)

S.O. (E). – In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the notification of the Government of India in the Ministry of Finance (Department of Revenue) No.38/2012-CUSTOMS (N.T.), dated the 26th April, 2012 vide number S.O.924 (E), dated the 26th April, 2012, except as respects things done or omitted to be done before such super session, the Central Board of Excise and Customs hereby determines that the rate of exchange of conversion of each of the foreign currency specified in column (2) of each of Schedule I and Schedule II annexed hereto into Indian currency or vice versa shall, with effect from 8th June, 2012 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

S.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	55.55	54.15
2.	Bahraini Dinar	150.30	142.25
3.	Canadian Dollar	54.30	53.00
4.	Danish Kroner	9.45	9.20
5.	EURO	69.95	68.40
6.	Hong Kong Dollar	7.15	7.05
7.	Kenyan Shilling	66.35	62.60
8.	Kuwaiti Dinar	202.60	191.10
9.	Newzealand Dollar	43.05	42.00
10.	Norwegian Kroner	9.20	8.95
11.	Pound Sterling	86.20	84.40
12.	Singapore Dollar	43.65	42.75
13.	South African Rand	6.85	6.45
14.	South Arabian Riyal	15.10	14.30
15.	Swedish Kroner	7.80	7.55
16.	Swiss Franc	58.30	57.00
17.	UAE Dirham	15.45	14.60
18.	US Dollar	55.55	54.70

SCHEDULE-II

S.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	70.35	68.60