<h1>New Exchange Rates for Currency Conversion Announced by CBEC, Effective November 8, 2013, Under Customs Act.</h1> The Central Board of Excise and Customs has announced new exchange rates for converting foreign currencies into Indian rupees, effective from November 8, 2013, under the Customs Act, 1962. These rates apply to imported and exported goods. For example, the exchange rate for the US Dollar is set at 63.10 INR for imports and 62.10 INR for exports. Other currencies listed include the Euro, Pound Sterling, and Japanese Yen, with specific rates for both import and export transactions. This notification supersedes the previous one issued on October 17, 2013.