Ministry of Finance

Exchange Rate Notification No. 69/2020 - Customs (N.T.)

Posted On: 06 AUG 2020 6:19PM 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.59/2020-Customs(N.T.), dated 16th July, 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 7th August, 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

55.15

52.75

2.

Bahraini Dinar

205.00

192.45

3.

Canadian Dollar               

57.45

55.45

4.

Chinese Yuan

10.95

10.60

5.

Danish Kroner

12.15

11.70

6.

EURO

90.50

87.30

7.

Hong Kong Dollar

9.85

9.50

8.

Kuwaiti Dinar

252.85

237.35

9.

New Zealand Dollar

51.05

48.75

10.

Norwegian Kroner

8.50

8.20

11.

Pound Sterling

100.00

96.60

12.

Qatari Riyal

21.25

19.90

13.

Saudi Arabian Riyal

20.60

19.35

14.

Singapore Dollar

55.60

53.75

15.

South African Rand

4.45

4.20

16.

Swedish Kroner

8.80

8.50

17.

Swiss Franc

84.05

80.80

18.

Turkish Lira

10.95

10.30

19.

UAE Dirham

21.05

19.75

20.

US Dollar

75.75

74.00

                                                                                                                               

 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

72.30

69.65

2.

Korean Won

6.50

6.10

 

****

RM/KMN

 



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