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of <h1>India Updates Foreign Currency Exchange Rates for Trade Effective January 1, 2011, via Notification No. 102/2010</h1> The Government of India's Ministry of Finance, through the Central Board of Excise and Customs, issued Notification No. 102/2010 on December 29, 2010, setting the exchange rates for converting specified foreign currencies into Indian rupees, effective January 1, 2011. This notification supersedes the previous Notification No. 98/2010. The rates apply to both imported and export goods, with Schedule I detailing the rates for currencies such as the Australian Dollar, Canadian Dollar, Euro, and US Dollar, among others, and Schedule II specifying the rate for the Japanese Yen.
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