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<h1>India Sets New Currency Exchange Rates for Exports Under Customs Act, 1962, Effective October 1, 2001</h1> The Central Government of India issued Notification No. 45/2001-Customs (N.T.) on September 25, 2001, under the Customs Act, 1962, to establish new exchange rates for converting foreign currency into Indian Rupees for export goods, effective October 1, 2001. This notification supersedes the previous Notification No. 39/2001-NT-Customs dated August 28, 2001. The exchange rates for various currencies, including the US Dollar, Euro, and Pound Sterling, among others, are specified in two schedules. The rates are detailed for individual units of currency and for 100 units in certain cases.