Rate of exchange of conversion of the foreign currency with effect from 16th December, 2016

Last updated: 16 December 2016

Notice Date : 15 December 2016

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 147/2016 - Customs (N.T.)

New Delhi, dated the 15th December, 2016

24 Agrahayana, 1938 (SAKA)

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(CBEC) No.145/2016-CUSTOMS (N.T.), dated 1st December, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and Customs (CBEC) 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 16th December, 2016, 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	51.35	49.40
2.	Bahrain Dinar	186.25	173.85
3.	Canadian Dollar	51.85	50.25
4.	Danish Kroner	9.75	9.40
5.	EURO	72.45	70.00
6.	Hong Kong Dollar	8.85	8.60
7.	Kuwait Dinar	229.70	215.00
8.	New Zealand Dollar	49.10	47.20
9.	Norwegian Kroner	8.05	7.75
10.	Pound Sterling	86.50	83.75
11.	Singapore Dollar	47.95	46.45
12.	South African Rand	5.00	4.70
13.	Saudi Arabian Riyal	18.70	17.50
14.	Swedish Kroner	7.45	7.20
15.	Swiss Franc	67.50	65.20
16.	UAE Dirham	19.10	17.90
17.	US Dollar	68.65	67.00
18.	Chinese Yuan	9.95	9.60

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	58.75	56.85
2.	Kenya Shilling	68.70	64.25