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<h1>India Sets New Exchange Rates for Foreign Currencies in Customs Notification No. 10/2024, Effective February 2, 2024.</h1> The Government of India, through the Ministry of Finance and the Central Board of Indirect Taxes and Customs, issued Notification No. 10/2024-Customs (N.T.) on February 1, 2024. This notification, effective from February 2, 2024, supersedes Notification No. 04/2024-Customs (N.T.) dated January 18, 2024, and establishes the exchange rates for converting specified foreign currencies into Indian rupees for imported and exported goods. The rates are detailed in two schedules, with Schedule I listing individual foreign currency rates and Schedule II providing rates per 100 units for Japanese Yen and Korean Won.