Exchange Rates Notification No. 53/2020 – Customs (N.T.)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.49/2020-Customs(N.T.), dated 4th June, 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 19th June, 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.

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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	53.55	51.25
2.	Bahraini Dinar	208.45	195.40
3.	Canadian Dollar	57.15	55.20
4.	Chinese Yuan	10.95	10.60
5.	Danish Kroner	11.70	11.30
6.	EURO	87.25	84.20
7.	Hong Kong Dollar	10.00	9.65
8.	Kuwaiti Dinar	255.85	239.90
9.	New Zealand Dollar	50.40	48.15
10.	Norwegian Kroner	8.15	7.85
11.	Pound Sterling	97.30	94.00
12.	Qatari Riyal	21.60	20.30
13.	Saudi Arabian Riyal	20.95	19.70
14.	Singapore Dollar	55.65	53.80
15.	South African Rand	4.55	4.30
16.	Swedish Kroner	8.30	8.00
17.	Swiss Franc	81.85	78.75
18.	Turkish Lira	11.45	10.80
19.	UAE Dirham	21.40	20.10
20.	US Dollar	77.05	75.35

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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	72.60	70.00
2.	Korean Won	6.50	6.10

Source : pib

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