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<h1>India Sets New Foreign Exchange Rates for Imports and Exports, Superseding Previous Notification No. 72/2014-Customs (N.T.)</h1> The Government of India, through the Ministry of Finance, issued Notification No. 75/2014-Customs (N.T.) on 4th September 2014, setting the exchange rates for foreign currencies against the Indian Rupee effective from 5th September 2014. This notification supersedes the previous Notification No. 72/2014-Customs (N.T.) dated 21st August 2014. The exchange rates apply to both imported and exported goods, with specific rates listed for various currencies such as the US Dollar, Euro, and Japanese Yen. The notification details the conversion rates for each currency for both import and export purposes.