Rupee Falls 25 paise against Dollar to Rs. 67.15 w.e.f. 6 May 2016; Rs. 1.45 against Euro to Rs. 77.40

[Customs Notification No. 64 (Non Tariff) dated 5th May 2016]

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.55/2016-CUSTOMS (N.T.), dated 21st April, 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 06th May, 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

50.55

49.25

2.

Bahrain Dinar

182.10

171.60

3.

Canadian Dollar

52.45

51.35

4.

Danish Kroner

10.45

10.15

5.

EURO

77.40

75.55

6.

Hong Kong Dollar

8.65

8.50

7.

Kuwait Dinar

228.10

215.50

8.

New Zealand Dollar

46.50

45.30

9.

Norwegian Kroner

8.30

8.10

10.

Pound Sterling

97.85

95.70

11.

Singapore Dollar

49.65

48.60

12.

South African Rand

4.60

4.35

13.

Saudi Arabian Riyal

18.25

17.30

14.

Swedish Kroner

8.35

8.15

15.

Swiss Franc

70.50

68.70

16.

UAE Dirham

18.65

17.65

17.

US Dollar

67.15

66.10

18.

Chinese Yuan

10.35

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

62.90

61.45

2.

Kenya Shilling

68.05

64.30

[F.No.468/01/2016-Cus.V]