<h1>New Exchange Rates for Foreign Currencies in Import/Export Goods Effective September 7, 2018; Supersedes August Notification.</h1> The Central Board of Indirect Taxes and Customs has announced new exchange rates for foreign currencies concerning imported and exported goods, effective from September 7, 2018. This supersedes the previous notification dated August 16, 2018. The rates are specified in two schedules: Schedule I lists the exchange rate for one unit of various foreign currencies like the US Dollar, Euro, and Pound Sterling, while Schedule II provides the rate for 100 units of the Japanese Yen. These rates are applicable for conversion into Indian currency for customs purposes under the Customs Act, 1962.