<h1>New Customs Exchange Rates Notification Issued: Effective November 22, 2019, Superseding Previous Rates for Import/Export Transactions.</h1> The Central Board of Indirect Taxes and Customs has issued Exchange Rates Notification No. 85/2019 under the Customs Act, 1962, effective from November 22, 2019. This notification supersedes the previous one, No. 81/2019, dated November 7, 2019. It specifies the exchange rates for converting foreign currencies into Indian rupees for imported and exported goods. The rates are detailed for various currencies, including the US Dollar, Euro, and Japanese Yen, among others, in two schedules. These rates are applicable for customs purposes related to import and export transactions.