Rupee Gains by 50paise against Dollar, Pegged at Rs. 74.70 w.e.f. 4 Dec’2020

[Notification No. 110/ 2020 - Customs (N.T.) dated 3 December 2020]

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.108/2020-Customs(N.T.), dated 19th November, 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 4th December, 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	55.90	53.55
2.	Bahraini Dinar	202.15	189.75
3.	Canadian Dollar	58.15	56.10
4.	Chinese Yuan	11.45	11.10
5.	Danish Kroner	12.25	11.80
6.	EURO	91.10	87.90
7.	Hong Kong Dollar	9.70	9.35
8.	Kuwaiti Dinar	250.50	234.85
9.	New Zealand Dollar	53.50	51.20
10.	Norwegian Kroner	8.55	8.25
11.	Pound Sterling	100.55	97.15
12.	Qatari Riyal	20.95	19.65
13.	Saudi Arabian Riyal	20.30	19.10
14.	Singapore Dollar	56.15	54.25
15.	South African Rand	5.00	4.65
16.	Swedish Kroner	8.90	8.55
17.	Swiss Franc	84.25	80.95
18.	Turkish Lira	9.70	9.10
19.	UAE Dirham	20.75	19.50
20.	US Dollar	74.70	73.00

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	72.05	69.35
2.	Korean Won	6.95	6.50

[F.No. 468/01/2020-Cus.V]