<h1>New Exchange Rates for Foreign Currencies Announced by CBIC under Customs Act 1962, Effective June 4, 2021.</h1> The Central Board of Indirect Taxes and Customs has issued Exchange Rate Notification No. 51/2021, effective from June 4, 2021, under the Customs Act, 1962. This notification supersedes the prior Notification No. 48/2021, detailing the exchange rates for converting specified foreign currencies into Indian rupees for import and export purposes. Key rates include the US Dollar at 73.95 for imports and 72.25 for exports, the Euro at 90.85 for imports and 87.65 for exports, and the Japanese Yen at 67.90 for imports and 65.40 for exports per 100 units.