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<h1>India's Finance Ministry Updates Currency Exchange Rates for Imports/Exports Effective October 1, 2010</h1> Notification No. 85/2010 issued by the Government of India, Ministry of Finance, Department of Revenue, sets the exchange rates for various foreign currencies against the Indian rupee for import and export transactions, effective from October 1, 2010. This notification supersedes the previous notification No. 77/2010. The rates are specified for both imported and exported goods across currencies such as the Australian Dollar, Canadian Dollar, Euro, US Dollar, and others. For example, the exchange rate for the US Dollar is set at 45.60 for imports and 44.70 for exports.