<h1>New Foreign Exchange Rates for Import/Export Goods Announced by CBEC, Effective June 17, 2016.</h1> The Central Board of Excise and Customs has announced new exchange rates for foreign currencies concerning imported and exported goods, effective from June 17, 2016. This supersedes the previous notification dated June 2, 2016. The exchange rates for various currencies, including the US Dollar, Euro, and Japanese Yen, are specified for both import and export transactions. For instance, the rate for the US Dollar is set at 68.05 for imports and 66.35 for exports. The new rates are intended to align with the provisions of the Customs Act, 1962.