Rupee Falls by Rs. 1.50 against Dollar, Pegged at Rs. 75.75 w.e.f. 20 March 2020

[Notification No.27 /2020 - Customs (N.T.) dated 19 March 2020]

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.20/2020-CUSTOMS (N.T.), dated 5th  March, 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 20th  March, 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

42.90

40.85

2.

Bahraini Dinar

200.95

195.60

3.

Canadian Dollar

52.10

50.35

4.

Chinese Yuan

10.75

10.45

5.

Danish Kroner

11.10

10.75

6.

EURO

83.20

80.20

7.

Hong Kong Dollar

9.80

9.45

8.

Kuwaiti Dinar

249.50

234.05

9.

New Zealand Dollar

42.85

40.75

10.

Norwegian Kroner

6.35

6.15

11.

Pound Sterling

87.75

84.60

12.

Qatari Riyal

21.25

19.95

13.

Saudi Arabian Riyal

20.60

19.35

14.

Singapore Dollar

52.50

50.80

15.

South African Rand

4.45

4.15

16.

Swedish Kroner

7.35

7.10

17.

Swiss Franc

78.90

75.85

18.

Turkish Lira

11.90

11.20

19.

UAE Dirham

21.05

19.75

20.

US Dollar

75.75

74.05

 

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

69.80

67.30

2.

Korean Won

6.05

5.65

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