Exchange Rate Notification released

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Exchange Rate Notification No. 58 /2022 – Customs (N.T.)

New 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. 51/2022-Customs(N.T.), dated 16^th June, 2022 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 8^th July, 2022, 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
	(2)	(3)
		(a)	(b)
		(For Imported Goods)	(For Export Goods)
1.	Australian Dollar	55.15	52.75
2.	Bahraini Dinar	216.30	203.30
3.	Canadian Dollar	61.80	59.70
4.	Chinese Yuan	12.00	11.60
5.	Danish Kroner	11.00	10.65
6.	EURO	82.15	79.20
7.	Hong Kong Dollar	10.25	9.90
8.	Kuwaiti Dinar	265.65	249.05
9.	New Zealand Dollar	50.25	47.90
10.	Norwegian Kroner	7.95	7.70
11.	Pound Sterling	96.10	92.80
12.	Qatari Riyal	22.40	20.85
13.	Saudi Arabian Riyal	21.70	20.40
14.	Singapore Dollar	57.35	55.50
15.	South African Rand	4.85	4.55
16.	Swedish Kroner	7.65	7.40
17.	Swiss Franc	83.10	80.05
18.	Turkish Lira	4.75	4.45
19.	UAE Dirham	22.20	20.85
20.	US Dollar	79.90	78.20

SCHEDULE-II

Sl. No.	Foreign Currency	Rate of exchange of 100 units of foreign currency equivalent to Indian rupees
	(2)	(3)
		(a)	(b)
		(For Imported Goods)	(For Export Goods)
1.	Japanese Yen	59.20	57.30
2.	Korean Won	6.30	5.90