Rupee Falls by 60 paise against Dollar, Pegged at Rs. 76.35 w.e.f. 2 April 2020

[Notification No. 37/2020 - Customs (N.T.) dated 1 April 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. 27/2020-Customs (N.T.), dated 19th  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 2nd  April, 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

47.80

45.65

2.

Bahraini Dinar

203.05

197.60

3.

Canadian Dollar

54.20

52.40

4.

Chinese Yuan

10.80

10.50

5.

Danish Kroner

11.35

10.95

6.

EURO

84.75

81.75

7.

Hong Kong Dollar

9.90

9.55

8.

Kuwaiti Dinar

247.90

232.25

9.

New Zealand Dollar

46.75

44.55

10.

Norwegian Kroner

7.30

7.05

11.

Pound Sterling

94.85

91.55

12.

Qatari Riyal

21.40

20.10

13.

Saudi Arabian Riyal

20.75

19.45

14.

Singapore Dollar

53.95

52.15

15.

South African Rand

4.35

4.05

16.

Swedish Kroner

7.65

7.40

17.

Swiss Franc

80.20

77.10

18.

Turkish Lira

11.85

11.15

19.

UAE Dirham

21.20

19.90

20.

US Dollar

76.35

74.65

 


 

 

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

70.95

68.35

2.

Korean Won

6.40

6.00

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