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Rate of exchange of conversion of each of the foreign currency with effect from the 4th July, 2014
July, 04th 2014
           3, SUB-SECTION (ii), EXTRAORDINARY]

                   GOVERNMENT OF INDIA
                    MINISTRY OF FINANCE
                  DEPARTMENT OF REVENUE

                              NO.49/2014-CUSTOMS (N.T.)

                                                  DATED THE 3rd July, 2014
                                                   12 Ashadha, 1936 (SAKA)

S.O.        (E). ­ In exercise of the powers conferred by section 14 of the
Customs Act, 1962 (52 of 1962), and in super session of the notification of
the Government of India in the Ministry of Finance (Department of
Revenue) No.47/2014-CUSTOMS (N.T.), dated the 19th June, 2014 vide
number S.O.1565(E), dated the 19th June, 2014, 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 currency specified in column (2) of each of
Schedule I and Schedule II annexed hereto into Indian currency or vice
versa shall, with effect from 4th July, 2014 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.

  S.No.        Foreign Currency   Rate of exchange of one unit of foreign
                                  currency equivalent to Indian rupees
      (1)               (2)                          (3)
                                               (a)                    (b)
                                    (For Imported            (For Export
                                        Goods)                 Goods)
      1.       Australian Dollar         56.65                  55.10
      2.       Bahrain Dinar            162.70                 153.70
      3.       Canadian Dollar           56.55                  55.10
      4.       Danish Kroner             11.10                  10.75
      5.       EURO                      82.35                  80.40
      6.       Hong Kong Dollar           7.75                   7.60
      7.       Kuwait Dinar             217.65                 205.40
      8.       New Zealand Dollar        52.90                  51.55
      9.       Norwegian Kroner           9.80                   9.50
      10.      Pound Sterling           103.40                 101.10
   11.   Singapore Dollar              48.30                47.20
   12.   South African Rand             5.70                 5.40
   13.   Saudi Arabian Riyal           16.35                15.45
   14.   Swedish Kroner                 9.00                 8.75
   15.   Swiss Franc                   67.90                66.05
   16.   UAE Dirham                    16.70                15.80
   17.   US Dollar                     60.10                59.10


S.No.    Foreign Currency      Rate of exchange of 100 units of foreign
                               currency equivalent to Indian rupees
   (1)          (2)                                 (3)
                                       (a)                     (b)
                                 (For Imported             (For Export
                                     Goods)                  Goods)
   1.    Japanese Yen                 59.25                   57.80
   2.    Kenya Shilling               70.00                   65.95


                                                       (Akshay Joshi)
                           Under Secretary to the Government of India
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