Rupee Falls by Re.1.25 against Dollar, Pegged at Rs. 77.15 w.e.f. 17 December 2021

[Notification No.98/ 2021 - Customs (N.T.) dated 16 December 2021]

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.96/2021-Customs(N.T.), dated 2nd December, 2021 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 17th December, 2021, 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

55.85

53.50

2.

Bahraini Dinar

208.85

196.15

3.

Canadian Dollar

60.40

58.35

4.

Chinese Yuan

12.15

11.80

5.

Danish Kroner

11.80

11.35

6.

EURO

87.70

84.55

7.

Hong Kong Dollar

9.95

9.60

8.

Kuwaiti Dinar

259.85

243.50

9.

New Zealand Dollar

52.95

50.65

10.

Norwegian Kroner

8.60

8.30

11.

Pound Sterling

102.85

99.45

12.

Qatari Riyal

21.65

20.30

13.

Saudi Arabian Riyal

21.00

19.70

14.

Singapore Dollar

56.80

54.90

15.

South African Rand

4.90

4.60

16.

Swedish Kroner

8.55

8.25

17.

Swiss Franc

84.20

80.95

18.

Turkish Lira

5.30 5.00*

5.00 4.70*

19.

UAE Dirham

21.45

20.15

20.

US Dollar

77.15

75.45

* Amended by Ntfn 99/2021-Customs (NT)/17.12.2021

 

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

68.05

65.65

2.

Korean Won

6.65

6.25

[F.No. 468/01/2021-Cus.V]