Changes in the rate of exchange of conversion of foreign currency

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 21st December, 2012 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

Sr. No. Foreign Currency Rate of exchange of one unit of foreign currency equivalent to Indian rupees

(For Imported Goods) (For Export Goods)

1.

Australian Dollar

58.35

56.90

2.

Bahrain Dinar

149.65

141.25

3.

Canadian Dollar

56.25

54.85

4.

Danish Kroner

9.90

9.60

5.

EURO

73.55

71.70

6.

Hong Kong Dollar

7.15

7.00

7.

Kenya Shilling

65.75

61.85

8.

Kuwait Dinar

200.90

188.95

9.

New Zealand Dollar

46.60

45.35

10.

Norwegian Kroner

9.95

9.65

11.

Pound Sterling

90.25

88.15

12.

Singapore Dollar

45.50

44.45

13.

South African Rand

6.70

6.30

14.

Saudi Arabian Riyal

15.05

14.20

15.

Swedish Kroner

8.45

8.20

16.

Swiss Franc

60.95

59.35

17.

UAE Dirham

15.35

14.50

18.

US Dollar

55.30

54.30

SCHEDULE-II

S.No. Foreign Currency Rate of exchange of 100 units of foreign currency equivalent to Indian rupees

(For Imported Goods)

  (For Export Goods)

1.

Japanese Yen

65.90

64.15

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