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of <h1>New Exchange Rates for Foreign Currencies Announced Under Customs Act, 1962 for Export Goods Effective March 9, 1992.</h1> The Central Government, under the authority of the Customs Act, 1962, has established new exchange rates for converting foreign currencies to Indian currency for export goods, effective from March 9, 1992. The notification lists the exchange rates for various foreign currencies, including Austrian Schillings, Australian Dollars, Belgian Francs, Canadian Dollars, and others, specifying the equivalent value for Rs.100. For instance, the rate for the U.S. Dollar is set at 3.6095, while the rate for the Pound Sterling is 2.1020. This schedule is intended to standardize the conversion rates for export transactions.
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