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of <h1>New Exchange Rates for Foreign Currencies Set for Imports Under Indian Stamp Act and Customs Act</h1> The notification dated 25th October 2001, issued by the Central Government of India, prescribes the exchange rates for converting foreign currencies into Indian Rupees for imported goods. This is in accordance with the Indian Stamp Act, 1899, and the Customs Act, 1962, effective from 1st November 2001. The rates are specified for various currencies, including the US Dollar at 48.25 INR, Euro at 43.15 INR, and Pound Sterling at 68.85 INR. The notification supersedes a previous one dated 25th September 2001 and is signed by an Under Secretary to the Government of India.
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