Exchange Rate Notification No. 68/2023 -Customs (N.T.)


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In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No. 64/2023-Customs(N.T.), dated 6th September, 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 22nd September, 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

54.55

52.20

2.

Bahraini Dinar

228.00

214.00

3.

Canadian Dollar

62.70

60.65

4.

Chinese Yuan

11.55

11.25

5.

Danish Kroner

12.05

11.65

6.

EURO

90.05

86.90

7.

Hong Kong Dollar

10.80

10.45

8.

Kuwaiti Dinar

277.65

261.10

9.

New Zealand Dollar

50.50

48.20

10.

Norwegian Kroner

7.80

7.55

11.

Pound Sterling

104.20

100.80

12.

Qatari Riyal

23.55

22.10

13.

Saudi Arabian Riyal

22.85

21.50

14.

Singapore Dollar

61.80

59.85

15.

South African Rand

4.55

4.25

16.

Swedish Kroner

7.55

7.30

17.

Swiss Franc

94.20

90.65

18.

Turkish Lira

3.15

3.00

19.

UAE Dirham

23.35

21.95

20.

US Dollar

84.05

82.30

 

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

56.95

55.20

2.

Korean Won

6.40

6.00

 

****

NB/VM//KMN



Source PIB