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<h1>New Customs Notification Updates Currency Exchange Rates for Imports and Exports Effective October 8, 2021.</h1> The Central Board of Indirect Taxes and Customs, under the Customs Act, 1962, has issued Notification No. 80/2021, superseding Notification No. 74/2021. Effective from October 8, 2021, the exchange rates for converting specified foreign currencies into Indian rupees for import and export purposes have been updated. Key rates include the US Dollar at 75.70 for imports and 74.00 for exports, the Euro at 88.10 for imports and 84.95 for exports, and the Japanese Yen at 68.40 for imports and 65.95 for exports per 100 units.