Exchange rate notification sets official currency conversion rates for import and export, superseding earlier notification and taking effect accordingly. The Central Board of Excise and Customs, exercising authority under the Customs Act, fixes official exchange rates for conversion of specified foreign currencies into Indian rupees for import and export purposes, effective from 1 July 2009, superseding the earlier notification dated 27 May 2009; two schedules annexed set separate rates for imported and export goods, with Schedule II specifying the rate per 100 units for Japanese Yen.