Exchange Rate Determination: Revised customs exchange rates for specified foreign currencies effective from September, impacting valuation of imports. The Board, under section 14(3)(a)(i) of the Customs Act, has superseded Notification No.48/2002 and fixed the rate of exchange for specified foreign currencies for conversion into Indian rupees and vice versa. Two schedules are prescribed: Schedule I gives rates per one unit of listed currencies and Schedule II gives the rate per one hundred units for the Japanese Yen; these rates apply with effect from 1st September, 2002 for purposes of customs valuation of imported goods.