<h1>New Exchange Rates for Foreign Currencies Under Customs Act, 1962 Effective October 19, 2017.</h1> The Central Board of Excise and Customs has updated the exchange rates for foreign currencies in relation to imported and exported goods under the Customs Act, 1962, effective from October 19, 2017. This update supersedes the previous notification dated October 5, 2017. 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 65.85 for imports and 64.15 for exports, while the Japanese Yen is 58.90 for imports and 56.95 for exports.