<h1>New Foreign Currency Exchange Rates for Imports and Exports Effective October 21, 2016, Under Customs Act, 1962.</h1> The Central Board of Excise and Customs has announced new exchange rates for foreign currencies related to imported and exported goods, effective from October 21, 2016, under the Customs Act, 1962. This notification supersedes the previous one dated October 6, 2016. The rates are specified for various currencies, including the US Dollar, Euro, and Japanese Yen, among others, with distinct rates for import and export transactions. For example, the US Dollar is set at 67.55 for imports and 65.90 for exports, while the Euro is set at 74.50 for imports and 72.00 for exports.