Rate of exchange of conversion of the foreign currency with effect from 5th May, 2017

Last updated: 05 May 2017

Save Share

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 43/2017 – Customs (N.T.)

New Delhi, dated the 4th May, 2017

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 No.40/2017-CUSTOMS (N.T.), dated 20th April, 2017, except as respects things done or omitted to be done before such supersession, 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 05th May, 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	48.65	46.75
2.	Bahrain Dinar	176.50	164.55
3.	Canadian Dollar	47.60	46.05
4.	Chinese Yuan	9.45	9.15
5.	Danish Kroner	9.60	9.25
6.	EURO	71.25	68.80
7.	Hong Kong Dollar	8.35	8.15
8.	Kuwait Dinar	218.35	204.10
9.	New Zealand Dollar	45.05	43.45
10.	Norwegian Kroner	7.55	7.30
11.	Pound Sterling	84.10	81.30
12.	Qatari Riyal	18.15	17.15
13.	Saudi Arabian Riyal	17.70	16.55
14.	Singapore Dollar	46.75	45.20
15.	South African Rand	4.95	4.60
16.	Swedish Kroner	7.40	7.15
17.	Swiss Franc	65.75	63.55
18.	UAE Dirham	18.10	16.90
19.	US Dollar	65.10	63.40

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	57.95	56.00
2.	Kenya Shilling	64.50	60.25