New Exchange Rates
GOVERNMENT has notified new exchange rates effective from 02.08.2013 for export and imported goods. The earlier notification had a lifespan of exactly two weeks. Whereas the earlier notification prescribed a US dollar value of Rs. 59.65 for imported goods, the new exchange rate admits that the rupee has breached the 60 mark. It is Rs.61.55 for One US dollar. And the global investment bank Goldman Sachs says that rupee can hit Rs.65 to a dollar.
Notification No. , Dated: August1, 2013