Rate of exchange determination sets official currency conversion rates for imports and exports effective early February, superseding prior notification. The Central Board of Indirect Taxes and Customs, under powers conferred by the Customs Act, prescribes official exchange rates for specified foreign currencies for customs purposes, superseding the prior notification of 20 January 2022. The rates in annexed Schedules I and II apply from 4 February 2022 for import and export goods, with Schedule I listing per unit rates for major currencies and Schedule II listing rates per 100 units for certain currencies.