Regan Kapoor & Company

903, 9th Floor, GD-ITL, North Ex Tower, Netaji Subhash Place, New Delhi-110034

caregankapoor@gmail.com

+91 9811138061

Rate of exchange of conversion of the foreign currency with effect from 19th February, 2016

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
(CENTRAL BOARD OF EXCISE AND CUSTOMS)

Notification No.29/2016 - Customs (N.T.)

Dated the 18^th February, 2016
29 Magha, 1937 (SAKA)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Excise and Customs No.18/2016-CUSTOMS (N.T.), dated 4^th February, 2016, except as respects things done or omitted to be done before such supersession, the Central Board of Excise 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 19^th February, 2016, 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	49.65	48.40
2.	Bahrain Dinar	186.90	176.20
3.	Canadian Dollar	50.60	49.55
4.	Danish Kroner	10.35	10.05
5.	EURO	77.05	75.20
6.	Hong Kong Dollar	8.85	8.70
7.	Kuwait Dinar	235.15	222.45
8.	New Zealand Dollar	46.20	45.00
9.	Norwegian Kroner	8.10	7.90
10.	Pound Sterling	98.95	96.75
11.	Singapore Dollar	49.25	48.25
12.	South African Rand	4.55	4.30
13.	Saudi Arabian Riyal	18.75	17.75
14.	Swedish Kroner	8.15	7.95
15.	Swiss Franc	69.80	68.05
16.	UAE Dirham	19.15	18.10
17.	US Dollar	68.95	67.90
18.	Chinese Yuan	10.60	10.40

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	60.70	59.35
2.	Kenya Shilling	69.15	65.35