<h1>New Exchange Rates for Foreign Currencies Set Under Customs Act, 1962; Effective December 3, 2021.</h1> The Central Board of Indirect Taxes and Customs has issued a notification under the Customs Act, 1962, determining new exchange rates for foreign currencies against the Indian rupee, effective from December 3, 2021. This supersedes the previous notification from November 18, 2021. The exchange rates are specified for both imported and exported goods across various currencies, including the US Dollar, Euro, British Pound, and others. For instance, the rate for one US Dollar is set at 75.90 INR for imports and 74.20 INR for exports. The notification includes detailed rates for multiple currencies in two schedules.