Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees
Notification No.43/2018 – Customs (N.T.)
New Delhi, dated the 17th May, 2018
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.35/2018-CUSTOMS (N.T.), dated 3rd May, 2018 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 18th May, 2018, be the rate mentioned against it in the corresponding entry in column (3) thereof, for the purpose of thesaid 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 52.15 50.40
2. Bahrain Dinar 185.60 173.70
3. Canadian Dollar 54.05 52.30
4. Chinese Yuan 10.85 10. 50
5. Danish Kroner 10.95 10.55
6. EURO 81.50 78.85
7. Hong Kong Dollar 8.75 8.50
8. Kuwait Dinar 232.15 217.20
9. New Zealand Dollar 47.90 46.05
10. Norwegian Kroner 8.55 8.25
11. Pound Sterling 93.35 90.40
12. Qatari Riyal 19.25 18.00
13. Saudi Arabian Riyal 18.70 17.50
14. Singapore Dollar 51.40 49.85
15. South African Rand 5.65 5.25
16. Swedish Kroner 7.95 7.65
17. Swiss Franc 69.00 66.80
18. UAE Dirham 19.05 17.85
19. US Dollar 68.65 66.95