Ministry of Finance
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Exchange Rate Notification No. 39/2023 - Customs (N.T.)

Posted On: 01 JUN 2023 6:18PM by PIB Delhi

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No. 36/2023-Customs(N.T.), dated 18th May, 2023 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and Customs hereby determines that the rate of exchange of conversion of each of the foreign currencies specified in column (2) of each of Schedule I and Schedule II annexed hereto, into Indian currency or vice versa, shall, with effect from 2nd  June, 2023, 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

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

55.00

52.65

2.

Bahraini Dinar

225.85

212.40

3.

Canadian Dollar

61.90

59.85

4.

Chinese Yuan

11.80

11.45

5.

Danish Kroner

12.05

11.65

6.

EURO

89.85

86.70

7.

Hong Kong Dollar

10.70

10.35

8.

Kuwaiti Dinar

276.90

260.30

9.

New Zealand Dollar

51.00

48.70

10.

Norwegian Kroner

7.60

7.35

11.

Pound Sterling

104.45

101.00

12.

Qatari Riyal

23.40

21.95

13.

Saudi Arabian Riyal

22.60

21.35

14.

Singapore Dollar

62.10

60.10

15.

South African Rand

4.30

4.05

16.

Swedish Kroner

7.75

7.50

17.

Swiss Franc

92.40

89.00

18.

Turkish Lira

4.10

3.85

19.

UAE Dirham

23.20

21.80

20.

US Dollar

83.40

81.70

 

SCHEDULE-II

 

Sl.

No.

Foreign Currency

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

  1.  

(2)

(3)

 

 

(a)

(b)

 

 

(For Imported Goods)

(For Export Goods)

1.

Japanese Yen

60.15

58.25

2.

Korean Won

6.45

6.05

 

****

PPG/KMN



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