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Rate of exchange of conversion of the foreign currency with effect from 22nd January, 2016

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 14/2016 - Customs (N.T.)

Dated the 21^st January, 2016
01 Magha, 1937 (SAKA)

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 & Customs No.02/2016-CUSTOMS (N.T.), dated 07^th January, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise & 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 22^nd January, 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	47.70	46.30
2.	Bahrain Dinar	185.45	174.80
3.	Canadian Dollar	47. 35	46.35
4.	Danish Kroner	10.05	9.75
5.	EURO	74.70	72.90
6.	Hong Kong Dollar	8.75	8.60
7.	Kuwait Dinar	229.20	216.60
8.	New Zealand Dollar	44.30	43.10
9.	Norwegian Kroner	7.75	7.55
10.	Pound Sterling	97.30	95.15
11.	Singapore Dollar	47.65	46.70
12.	South African Rand	4.15	3.95
13.	Saudi Arabian Riyal	18.60	17.60
14.	Swedish Kroner	8.00	7.80
15.	Swiss Franc	68.40	66.70
16.	UAE Dirham	19.00	18.00
17.	US Dollar	68.40	67.35
18.	Chinese Yuan	10.45	10.20

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	58.55	57.25
2.	Kenya Shilling	68.20	64.40

[F.No468/01/2016-Cus.V]
(Kshitendra Verma)
Under Secretary to the Govt. of India
TELE: 011-2309 5541

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