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of <h1>New Exchange Rates for Imports and Exports Announced by Central Board of Excise and Customs Effective July 7, 2017.</h1> The Central Board of Excise and Customs has announced new exchange rates for foreign currencies concerning imported and exported goods, effective from July 7, 2017. This notification supersedes the previous one dated June 15, 2017. The exchange rates are specified for various currencies, such as the US Dollar, Euro, and Japanese Yen, among others, with distinct rates for import and export transactions. For instance, the rate for the US Dollar is set at 65.65 for imports and 63.95 for exports. These rates are established under section 14 of the Customs Act, 1962, to facilitate trade.
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