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of <h1>India Sets New Forex Rates for Imports and Exports, Effective June 20, 2014, via Notification No. 47/2014</h1> The Government of India, through the Central Board of Excise and Customs, issued Notification No. 47/2014, setting the exchange rates for various foreign currencies against the Indian rupee effective from June 20, 2014. This notification supersedes a previous one dated June 5, 2014. The rates are specified for both imported and export goods across different currencies, including the US Dollar, Euro, and Japanese Yen, among others. The exchange rates are detailed in two schedules, with Schedule I listing rates for individual units of currency and Schedule II for 100 units of currency.
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