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) |
|
|
|
Australian Dollar |
52.15 |
50.35 |
|
|
|
Bahrain Dinar |
178.00 |
166.75 |
|
|
|
Canadian Dollar |
51.00 |
49.35 |
|
|
|
Chinese Yuan |
10.45 |
10. 10 |
|
|
|
Danish Kroner |
11.00 |
10.60 |
|
|
|
EURO |
81.75 |
79.05 |
|
|
|
Hong Kong Dollar |
8.40 |
8.15 |
|
|
|
Kuwait Dinar |
223.90 |
209.30 |
|
|
|
New Zealand Dollar |
48.55 |
46.80 |
|
|
|
Norwegian Kroner |
8.55 |
8.25 |
|
|
|
Pound Sterling |
92.30 |
89.30 |
|
|
|
Qatari Riyal |
18.35 |
17.35 |
|
|
|
Saudi Arabian Riyal |
17.90 |
16.75 |
|
|
|
Singapore Dollar |
50.45 |
48.75 |
|
|
|
South African Rand |
5.70 |
5.35 |
|
|
|
Swedish Kroner |
8.10 |
7.80 |
|
|
|
Swiss Franc |
70.00 |
67.70 |
|
|
|
UAE Dirham |
18.30 |
17.00 |
|
|
|
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) |
|
|
Japanese Yen |
62.40 |
60.25 |
|
|
Kenyan Shilling |
64. 90 |
60.65 |
Members are requested to make note of the above.
Thanking You,
Yours faithfully,
S. BALARAJU
EXECUTIVE DIRECTOR
