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Exchange Rates Notification No.19/2018-Custom(NT) dated 15.3.2018

Circular No.ES/331/2017-18                                                                     March 16, 2018

To: Members of the Council

Sub: Exchange Rates Notification No.19/2018-Custom(NT) dated 15.3.2018

Dear Member,

We would like to inform you that the CBEC has issued Notification No.19/2018-Customs (NT) dated March 15, 2018 notifying the exchange rate of conversion of each of the foreign currencies into Indian currency or vice versa relating to import and export of goods. These rates shall be effective from 16th March, 2018.

SCHEDULE-I

Sl.No.

Foreign Currency

Rate of exchange of one unit of foreign currency equivalent to Indian rupees

 

 

(a)

(b)

 

 

(For Imported Goods)

(For Export Goods)

  1.  

Australian Dollar

52.15

50.35

  1.  

Bahrain Dinar

178.00

166.75

  1.  

Canadian Dollar

51.00

49.35

  1.  

Chinese Yuan

10.45

10. 10

  1.  

Danish Kroner

11.00

10.60

  1.  

EURO

81.75

79.05

  1.  

Hong Kong Dollar

8.40

8.15

  1.  

Kuwait Dinar

223.90

209.30

  1.  

New Zealand Dollar

48.55

46.80

  1.  

Norwegian Kroner

8.55

8.25

  1.  

Pound Sterling

92.30

89.30

  1.  

Qatari Riyal

18.35

17.35

  1.  

Saudi Arabian Riyal

17.90

16.75

  1.  

Singapore Dollar

50.45

48.75

  1.  

South African Rand

5.70

5.35

  1.  

Swedish Kroner

8.10

7.80

  1.  

Swiss Franc

70.00

67.70

  1.  

UAE Dirham

18.30

17.00

  1.  

US Dollar

65.80

64.15

         

 

SCHEDULE-II

Sl.No.

Foreign Currency

Rate of exchange of 100 units of foreign currency equivalent to Indian rupees

 

 

(a)

(b)

 

 

(For Imported Goods)

(For Export Goods)

  1.  

Japanese Yen

62.40

60.25

  1.  

Kenyan Shilling

64. 90

60.65

Members are requested to make note of the above.

Thanking You,

Yours faithfully,

S. BALARAJU
EXECUTIVE DIRECTOR

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