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CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 7th January, 2022 vide Notification No. 02/2022 – Customs (N.T.), Dated: 06.01.2022.

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS
*****

Notification No. 02/2022 Customs (N.T.)

New Delhi, dated the 6th January, 2022
16 Pausha 1943 (SAKA)

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.98/2021-Customs(N.T.), dated 16th December, 2021 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 7th January, 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
(1) (2) (3)
(a) (b)
(For Imported
Goods)
(For Export Goods)
1. Australian Dollar 54.75 52.45
2. Bahraini Dinar 204.05 191.55
3. Canadian Dollar 59.35 57.25
4. Chinese Yuan 11.90 11.50
5. Danish Kroner 11.55 11.15
6. EURO 85.85 82.80
7. Hong Kong Dollar 9.75 9.40
8. Kuwaiti Dinar 254.50 238.30
9. New Zealand Dollar 51.80 49.45
0. Norwegian Kroner 8.55 8.25
1. Pound Sterling 102.60 99.10
2. Qatari Riyal 21.00 19.70
13. Saudi Arabian Riyal 20.50 19.25
14. Singapore Dollar 55.80 53.90
15. South African Rand 4.85 4.55
16. Swedish Kroner 8.30 8.00
17. Swiss Franc 82.90 79.65
18. Turkish Lira 5.65 5.25
19. UAE Dirham 20.95 19.65
0. US Dollar 75.40 73.65

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 65.50 63.15
0. Korean Won 6.40 6.00

[F.No. 468/01/2022-Cus.V]

(Bullo Mamu)
Under Secretary to the Govt. of India

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