Circular No: ES/ 214/2017-18 November 03, 2017
To: Members of the Council
Sub: Rate of exchange of conversion of the foreign currency w.e.f 03.11.2017
Dear Member,
This is to inform you that the Central Board of Excise and Customs has issued Notification No. 103/ 2017 - Customs (N.T.) dated 02.11.2017 on the above subject.
Vide this notification; CBEC hereby notifies the exchange rate of conversion of the foreign currencies into Indian currency or vice versa relating to import and export of goods. These rates shall be effective from 03rd November, 2017.
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 |
50.65 |
48.90 |
2. |
Bahrain Dinar |
177.15 |
165.50 |
3. |
Canadian Dollar |
51.10 |
49.50 |
4. |
Chinese Yuan |
9.95 |
9.60 |
5. |
Danish Kroner |
10.30 |
9.90 |
6. |
EURO |
76.50 |
73.90 |
7. |
Hong Kong Dollar |
8.40 |
8.15 |
8. |
Kuwait Dinar |
220.80 |
206.60 |
9. |
New Zealand Dollar |
45.60 |
43.80 |
10. |
Norwegian Kroner |
8.10 |
7.80 |
11. |
Pound Sterling |
87.10 |
84.25 |
12. |
Qatari Riyal |
17.65 |
16.15 |
13. |
Saudi Arabian Riyal |
17.80 |
16.65 |
14. |
Singapore Dollar |
48.25 |
46.75 |
15. |
South African Rand |
4.80 |
4.50 |
16. |
Swedish Kroner |
7.85 |
7.55 |
17. |
Swiss Franc |
65.70 |
63.55 |
18. |
UAE Dirham |
18.15 |
17.00 |
19. |
US Dollar |
65.40 |
63.70 |
SCHEDULE-II
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. |
Japanese Yen |
57.65 |
55.70 |
2. |
Kenya Shilling |
64.40 |
60.15 |
Members are requested to make note of the above.
Thanking you,
S BALARAJU
EXECUTIVE DIRECTOR