Revenue Dept issues new exchange rate notification

Exercising the powers conferred by section 14 of the Customs Act, 1962 (52of 1962), the Central Board of Indirect Taxes and Customs, Department of Revenue has issued new exchange rates. The rates respectively for imported & exported goods are: Australian Dollar – 48.80 & 46.55; Bahraini Dinar – 196.65 & 184.45; Canadian Dollar – 55.25 & 53.25; Chinese Yuan – 10.40 & 10.05; Danish Kroner – 10.55 & 10.20; EURO – 79.00 & 76.05; Hong Kong Dollar – 9.40 & 9.05; Kuwaiti Dinar – 242.40 & 227.30; New Zealand Dollar – 46.90 & 44.70; Norwegian Kroner – 7.85 & 7.60; Pound Sterling – 94.30 & 91.00; Qatari Riyal – 20.35 & 19.10; Saudi Arabian Riyal – 19.75 & 18.55; Singapore Dollar 52.10 & 50.30; South African Rand – 4.90 & 4.60; Swedish Kroner – 7.45 & 7.20; Swiss Franc – 74.45 & 71.60; Turkish Lira – 12.15 & 11.45; UAE Dirham – 20.20 & 18.95; US Dollar – 72.65 & 70.95.