Rupee Falls by 35 paise against Dollar to Rs. 70.00
w.e.f. 2 August 2019
[Notification No.55/2019 - Customs ( N.T.) dated 1 August 2019]
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.52/2019-CUSTOMS (N.T.), dated 18th July, 2019 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 August, 2019,
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 |
48.65 |
46.45 |
|
2. |
Bahraini
Dinar |
189.45 |
177.60 |
|
3. |
Canadian
Dollar |
53.45 |
51.55 |
|
4. |
Chinese
Yuan |
10.20 |
9.85 |
|
5. |
Danish
Kroner |
10.40 |
10.05 |
|
6. |
EURO |
77.85 |
74.95 |
|
7. |
Hong
Kong Dollar |
9.00 |
8.65 |
|
8. |
Kuwaiti
Dinar |
234.60 |
219.85 |
|
9. |
New
Zealand Dollar |
46.55 |
44.40 |
|
10. |
Norwegian
Kroner |
7.95 |
7.65 |
|
11. |
Pound
Sterling |
85.40 |
82.30 |
|
12. |
Qatari
Riyal |
19.50 |
18.45 |
|
13. |
Saudi
Arabian Riyal |
19.05 |
17.85 |
|
14. |
Singapore
Dollar |
51.20 |
49.40 |
|
15. |
South
African Rand |
5.00 |
4.65 |
|
16. |
Swedish
Kroner |
7.25 |
7.00 |
|
17. |
Swiss
Franc |
70.70 |
67.95 |
|
18. |
Turkish
Lira |
12.80 |
12.00 |
|
19. |
UAE
Dirham |
19.45 |
18.25 |
|
20. |
US
Dollar |
70.00 |
68.30 |
|
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 |
64.55 |
62.10 |
|
2. |
Korean
Won |
6.00 |
5.65 |
[F.No.
468/01/2019-Cus.V]