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Rate of exchange of conversion of the foreign currency with effect from 8th April, 2016
April, 08th 2016

GOVERNMENT OF INDIA

MINISTRY OF FINANCE

(DEPARTMENT OF REVENUE)

(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No. 48/2016 - Customs (N.T.)

New Delhi, dated the 07th  April, 2016

18  Chaitra, 1938 (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 (CBEC) No.41/2016-CUSTOMS (N.T.), dated 17th March, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise and  Customs (CBEC) 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 08th April, 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

51.60

49.70

2.

Bahrain Dinar

182.65

171.10

3.

Canadian Dollar 

51. 80

50.15

4.

Danish Kroner

10.40

10.00

5.

EURO

77.25

74.70

6.

Hong Kong Dollar

8.70

8.45

7.

Kuwait Dinar

228.30

213.70

8.

New Zealand Dollar

46.40

44.60

9.

Norwegian Kroner

8.15

7.85

10.

Pound Sterling

95.65

92.60

11.

Singapore Dollar

50.10

48.55

12.

South African Rand

4.55

4.25

13.

Saudi Arabian Riyal

18.35

17.20

14.

Swedish Kroner

8.30

8.05

15.

Swiss Franc

70.85

68.55

16.

UAE Dirham

18.75

17.55

17.

US Dollar

67.50

65.80

18.

Chinese Yuan

10.45

10.15

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

62.05

60.05

2.

Kenya Shilling

67.95

63

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

(Kshitendra Verma)

Under Secretary to the Govt. of India

TELE: 011-2309 5541

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