Rupee Gains by 50 paise against Dollar,
Pegged at Rs. 71.90 w.e.f. 20
December 2019
[Notification No.91/2019 - Customs (N.T.) dated 19 December 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.88/2019-CUSTOMS (N.T.),
dated 5th December, 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 20th December, 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 |
50.05 |
47.80 |
|
2. |
Bahraini
Dinar |
194.65 |
182.55 |
|
3. |
Canadian
Dollar |
55.15 |
53.20 |
|
4. |
Chinese
Yuan |
10.30 |
10.00 |
|
5. |
Danish
Kroner |
10.75 |
10.40 |
|
6. |
EURO |
80.60 |
77.60 |
|
7. |
Hong
Kong Dollar |
9.30 |
8.95 |
|
8. |
Kuwaiti
Dinar |
241.80 |
226.75 |
|
9. |
New
Zealand Dollar |
48.20 |
45.95 |
|
10. |
Norwegian
Kroner |
8.05 |
7.75 |
|
11. |
Pound
Sterling |
94.65 |
91.40 |
|
12. |
Qatari
Riyal |
20.15 |
18.90 |
|
13. |
Saudi
Arabian Riyal |
19.55 |
18.35 |
|
14. |
Singapore
Dollar |
53.35 |
51.50 |
|
15. |
South
African Rand |
5.15 |
4.80 |
|
16. |
Swedish
Kroner |
7.70 |
7.40 |
|
17. |
Swiss
Franc |
74.00 |
71.10 |
|
18. |
Turkish
Lira |
12.35 |
11.60 |
|
19. |
UAE
Dirham |
20.00 |
18.75 |
|
20. |
US
Dollar |
71.90 |
70.20 |
|
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 |
66.10 |
63.65 |
|
2. |
Korean Won |
6.30 |
5.90 |
[F.No. 468/01/2019-Cus.V]