Rupee Loses Against All Currencies
[Customs Notification No. 38 (Non Tariff) dated 26th April 2012]
In exercise of the powers conferred by
section 14 of the Customs Act, 1962 (52 of 1962), and in super session of the
notification of the Government of India in the Ministry of Finance (Department
of Revenue) No.26/2012-CUSTOMS (N.T.), dated the 28th March, 2012 vide
number S.O. 625 (E), dated the 28th March, 2012, except as
respects things done or omitted to be done before such super session, the Central
Board of Excise and Customs hereby determines that the rate of exchange of
conversion of each of the foreign currency specified in column (2) of each of
Schedule I and Schedule II annexed hereto into Indian currency or vice versa
shall, with effect from 1st May, 2012 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 |
|||
|
S.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 |
54.95 |
53.70 |
|
2. |
Canadian Dollar |
54.05 |
52.65 |
|
3. |
Danish Kroner |
9.50 |
9.20 |
|
4. |
EURO |
70.35 |
68.70 |
|
5. |
Hong Kong Dollar |
6.85 |
6.75 |
|
6. |
Norwegian Kroner |
9.35 |
9.05 |
|
7. |
Pound Sterling |
86.00 |
84.15 |
|
8. |
Swedish Kroner |
7.95 |
7.70 |
|
9. |
Swiss Franc |
58.50 |
57.10 |
|
10. |
Singapore Dollar |
42.70 |
41.80 |
|
11. |
US Dollar |
53.10 |
52.25 |
|
SCHEDULE-II |
|||
|
S.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 |
65.50 |
63.85 |
[F.No.468/07/2012-Cus.V]