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Rate of exchange of conversion of the foreign currency with effect from 19th February, 2016
February, 19th 2016

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No.29/2016 - Customs (N.T.)

Dated the 18th February, 2016

29 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 and Customs No.18/2016-CUSTOMS (N.T.), dated 4th February, 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 19th 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

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

49.65

48.40

2.

Bahrain Dinar

186.90

176.20

3.

Canadian Dollar 

50.60

49.55

4.

Danish Kroner

10.35

10.05

5.

EURO

77.05

75.20

6.

Hong Kong Dollar

8.85

8.70

7.

Kuwait Dinar

235.15

222.45

8.

New Zealand Dollar

46.20

45.00

9.

Norwegian Kroner

8.10

7.90

10.

Pound Sterling

98.95

96.75

11.

Singapore Dollar

49.25

48.25

12.

South African Rand

4.55

4.30

13.

Saudi Arabian Riyal

18.75

17.75

14.

Swedish Kroner

8.15

7.95

15.

Swiss Franc

69.80

68.05

16.

UAE Dirham

19.15

18.10

17.

US Dollar

68.95

67.90

18.

Chinese Yuan

10.60

10.40

 

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

60.70

59.35

2.

Kenya Shilling

69.15

65.35

 

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

 (Kshitendra Verma)

Under Secretary to the Govt. of India

TELE: 011-2309 5541

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