Rupee Gains 30 paise against Dollar to Rs. 64.50 w.e.f. 2 Feb 2018

[Notification No. 11/2018 - Customs (N.T.) dated 01.02.2018]

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.6/2018-CUSTOMS (N.T.), dated 18th  January, 2018 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 2nd February, 2018, 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

52.25

50.30

2.

Bahrain Dinar

174.65

163.45

3.

Canadian Dollar

52.55

50.90

4.

Chinese Yuan

10. 30

9. 95

5.

Danish Kroner

10.85

10.40

6.

EURO

80.50

77.80

7.

Hong Kong Dollar

8.25

8.05

8.

Kuwait Dinar

220.00

205.55

9.

New Zealand Dollar

47.75

46.05

10.

Norwegian Kroner

8.40

8.10

11.

Pound Sterling

91.95

88.95

12.

Qatari Riyal

18.00

17.00

13.

Saudi Arabian Riyal

17.55

16.45

14.

Singapore Dollar

49.35

47.80

15.

South African Rand

5.55

5.20

16.

Swedish Kroner

8.25

7.95

17.

Swiss Franc

69.55

67.20

18.

UAE Dirham

17.95

16.75

19.

US Dollar

64.50

62.85

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

59.25

57.20

2.

Kenyan Shilling

64. 90

60.65

[F.No. 468/01/2018-Cus.V]