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<h1>Govt of India Sets New Exchange Rates for Foreign Currencies in Trade, Effective June 6, 2014</h1> Notification No. 45/2014-CUSTOMS (N.T.), issued by the Government of India's Ministry of Finance, Department of Revenue, Central Board of Excise and Customs, establishes the exchange rates for converting specified foreign currencies into Indian Rupees for imported and exported goods, effective from June 6, 2014. This supersedes the previous notification No. 41/2014-CUSTOMS (N.T.). The rates are detailed in two schedules: Schedule I lists rates for individual units of currencies like the US Dollar, Euro, and others, while Schedule II provides rates for 100 units of currencies such as the Japanese Yen and Kenya Shilling.