Exchange Rates Notification

08 Feb, 2020

Notification No.11/2020 - Customs (N.T.)  Dated. 6th February, 2020

Issued By. Customs

 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 Indirect Taxes and  Customs No.05/2020-CUSTOMS  (N.T.),  dated 16th January,  2020  except  as respects things done or omitted to be done before  such  supersession,  the  Central  Board of Indirect Taxes 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 7th    February, 2020, 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 Exported Goods)

1.

Australian Dollar

49.25

47.10

2.

Bahraini Dinar

195.30

183.20

3.

Canadian Dollar

54.65

52.70

4.

Chinese Yuan

10.40

10.05

5.

Danish Kroner

10.70

10.30

6.

EURO

79.90

76.90

7.

Hong Kong Dollar

9.35

9.00

8.

Kuwaiti Dinar

242.20

227.15

9.

New Zealand Dollar

47.45

45.20

10.

Norwegian Kroner

7.90

7.60

11.

Pound Sterling

94.20

90.90

12.

Qatari Riyal

20.20

18.95

13.

Saudi Arabian Riyal

19.60

18.40

14.

Singapore Dollar

52.35

50.55

15.

South African Rand

5.00

4.65

16.

Swedish Kroner

7.55

7.30

17.

Swiss Franc

74.70

71.75

18.

Turkish Lira

12.30

11.55

19.

UAE Dirham

20.05

18.80

20.

US Dollar

72.15

70.45


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

66.10

63.65

2.

Korean Won

6.20

5.85

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