The Ministry of Finance (MoF) on January 18, 2024, issued a notification regarding the Exchange Rate for the import and export of goods.
This shall come into force on January 19, 2024.
The following has been stated namely: -
• The Rate of exchange of one unit of foreign currency equivalent to Indian rupees for the following countries have been stated namely: -
o Australian Dollar
o Bahraini Dinar
o Canadian Dollar
o Chinese Yuan
• The Rate of exchange of 100 units of foreign currency equivalent to Indian rupees for the countries have been stated namely: -
o Japanese Yen
o Korean Won
[Notification No. 04/2024-Customs (N.T.)]
