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CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 8th July, 2022 vide Exchange rate Notification No. 58/2022-Cus (NT) dated 7th July, 2022.

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

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

New Delhi, dated the 7th July, 2022
16 Ashadha 1944 (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. 51/2022-Customs (N.T.), dated 16th 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 8th 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
(1) (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
(1) (2) (3)
(a) (b)
(For Imported Goods) (For Export Goods)
1. Japanese Yen 59.20 57.30
2. Korean Won 6.30 5.90

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

(Harish Kumar)
Under Secretary to the Govt. of India

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