Rate of exchange of conversion of the foreign currency with effect from 8th April, 2016

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)
Notification No.48/2016 - Customs (N.T.) 
New Delhi, dated the 07th  April, 2016
18  Chaitra, 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 No.41/2016-CUSTOMS (N.T.), dated 17th  March, 2016, 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 08th April, 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 51.60 49.70
2. Bahrain Dinar 182.65 171.10
3. Canadian Dollar 
             		 51. 80 50.15
4. Danish Kroner 10.40 10.00
5. EURO 77.25 74.70
6. Hong Kong Dollar 8.70 8.45
7. Kuwait Dinar 228.30 213.70
8. New Zealand Dollar 46.40 44.60
9. Norwegian Kroner 8.15 7.85
10. Pound Sterling 95.65 92.60
11. Singapore Dollar 50.10 48.55
12. South African Rand 4.55 4.25
13. Saudi Arabian Riyal 18.35 17.20
14. Swedish Kroner 8.30 8.05
15. Swiss Franc 70.85 68.55
16. UAE Dirham 18.75 17.55
17. US Dollar 67.50 65.80
18.
 		 Chinese Yuan 10.45 10.15
         

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 62.05 60.05
2. Kenya Shilling 67.95 63.55
         

 
[F.No468/01/2016-Cus.V]                                                                                                          
(Kshitendra Verma)
Under Secretary to the Govt. of India
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