Exchange Rates again Amended mid-month

By Vijay Kumar

With a volatile world economy and fluctuating exchange rates, CBEC cannot wait till the end of the month to notify the exchange rates. There was a similar mid-month change last month. The rate for Pound Sterling has been reduced from 79.75 to 74.03 and Yen from 53.90 to 51.22, for imports.

Notification NO. 128/2008 – Cus (N.T) Dated: November 18, 2008