Rate of exchange of conversion of the foreign currency with effect from 21st April, 2017

Last updated: 21 April 2017

Notice Date : 20 April 2017

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 40/2017 – Customs (N.T.)

New Delhi, dated the 20th April, 2017

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 Central Board of Excise and Customs No. 33/2017-CUSTOMS (N.T.), dated 6th April, 2017, 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 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 21st April, 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

Sr 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	49.50	47.75
2.	Bahrain Dinar	177.75	165.75
3.	Canadian Dollar	48.85	47.20
4.	Chinese Yuan	9.55	9.25
5.	Danish Kroner	9.50	9.15
6.	EURO	70.65	68.20
7.	Hong Kong Dollar	8.45	8.20
8.	Kuwait Dinar	219.65	205.35
9.	New Zealand Dollar	46.40	44.70
10.	Norwegian Kroner	7.70	7.40
11.	Pound Sterling	84.25	81.45
12.	Qatari Riyal	1825	17.25
13.	Saudi Arabian Riyal	17.85	16.70
14.	Singapore Dollar	47.05	45.55
15.	South African Rand	5.05	4.70
16.	Swedish Kroner	7.35	7.10
17.	Swiss Fran	66.05	63.70
18.	UAE Dirham	18.20	17.05
19.	US Dollar	65.55	63.85

SCHEDULE-II

Sr 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.	Japanese Yen	60.45	58.40
2.	Kenya Shiling	64.75	60.50