Ministry of Finance

Exchange Rate Notification No.37/2020 - Customs (N.T.)

Posted On: 01 APR 2020 5:52PM 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. 27/2020-Customs (N.T.), dated 19th March, 2020 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 April, 2020, 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 Exported Goods)

1.

Australian Dollar

47.80

45.65

2.

Bahraini Dinar

203.05

197.60

3.

Canadian Dollar               

54.20

52.40

4.

Chinese Yuan

10.80

10.50

5.

Danish Kroner

11.35

10.95

6.

EURO

84.75

81.75

7.

Hong Kong Dollar

9.90

9.55

8.

Kuwaiti Dinar

247.90

232.25

9.

New Zealand Dollar

46.75

44.55

10.

Norwegian Kroner

7.30

7.05

11.

Pound Sterling

94.85

91.55

12.

Qatari Riyal

21.40

20.10

13.

Saudi Arabian Riyal

20.75

19.45

14.

Singapore Dollar

53.95

52.15

15.

South African Rand

4.35

4.05

16.

Swedish Kroner

7.65

7.40

17.

Swiss Franc

80.20

77.10

18.

Turkish Lira

11.85

11.15

19.

UAE Dirham

21.20

19.90

20.

US Dollar

76.35

74.65

                                                                                                                               

 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

70.95

68.35

2.

Korean Won

6.40

6.00

 

****

RM/KMN



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