Eximkey - India Export Import Policy 2004 2013 Exim Policy
CUS NTF NO. 18/2016 (NT) DATE 04/02/2016

Rate of exchange of conversion of the foreign currency with effect from 5th February, 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.14/2016-CUSTOMS (N.T.), dated 21st January, 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 5th February, 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

S.No.Foreign CurrencyRate 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 Dollar49.4548.00
2.Bahrain Dinar185.85175.15
3.Canadian Dollar49. 9548.85
4.Danish Kroner10.259.95
5.EURO76.1574.30
6.Hong Kong Dollar8.808.65
7.Kuwait Dinar232.50218.35
8.New Zealand Dollar45.8544.65
9.Norwegian Kroner8.057.85
10.Pound Sterling100.1097.90
11.Singapore Dollar48.5547.55
12.South African Rand4.404.15
13.Saudi Arabian Riyal18.6517.60
14.Swedish Kroner8.157.95
15.Swiss Franc68.2566.75
16.UAE Dirham19.0018.00
17.US Dollar68.4567.40
18.Chinese Yuan10.4510.20

SCHEDULE-II

S.No.Foreign CurrencyRate 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 Yen58.2556.95
2.Kenya Shilling68.3564.55

[F.No468/01/2016-Cus.V]

(Kshitendra Verma)
Under Secretary to the Govt. of India
TELE: 011-2309 5541


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