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Currency Adjustment Factor

Effective Date CAF
01 December 2018 8.50%
01 November 2018 9.50%
01 October 2018 9.00%
01 September 2018 7.50%
01 August 2018 7.00%
01 July 2018 6.50%
01 June 2018 6.50%
01 May 2018 5.50%
01 April 2018 5.50%
01 March 2018 5.00%
01 February 2018 4.50%
01 January 2018 5.00%
01 December 2017 5.00%
01 November 2017 5.50%
01 October 2017 5.00%
01 September 2017 4.50%
01 August 2017 5.00%
01 July 2017 5.00%
01 June 2017 5.00%
01 May 2017 5.00%
01 April 2017 5.50%
01 March 2017 6.50%
01 February 2017 7.00%
01 January 2017 6.50%
01 December 2016 6.50%
01 November 2016 6.00%
01 October 2016 6.00%
01 September 2016 6.00%
01 August 2016 6.50%
01 July 2016 6.50%
01 June 2016 6.00%
01 May 2016 6.00%
01 April 2016 6.50%
01 March 2016 7.00%
01 February 2016 6.50%
01 January 2016 6.00%
01 December 2015 6.00%
01 November 2015 5.50%
01 October 2015 6.00%
01 September 2015 5.50%
01 August 2015 4.50%
01 July 2015 4.50%
01 June 2015 4.50%
01 May 2015 4.00%
01 April 2015 4.00%
01 March 2015 4.00%
01 February 2015 4.00%
01 January 2015 4.00%
01 December 2014 3.50%
01 November 2014 3.50%
01 October 2014 3.00%
01 September 2014 3.00%
01 August, 2014 3.00%
01 July, 2014 2.50%
01 June, 2014 2.50%
01 May, 2014 3.00%
01 April, 2014 3.50%
01 March, 2014 4.00%
01 February, 2014 4.00%
01 January, 2014 3.50%
01 December, 2013 4.00%
01 November, 2013 3.50%
01 October, 2013 4.50%
01 September, 2013 4.00%
 

With immediate effect, we have introduced a Currency Adjustment Factor (CAF) and as always this will be a fair, transparent, customer beneficial sliding mechanism with a threshold of USD/ ₹ 55 exchange rate. The base of ₹ 55 per USD is the average exchange rate for the past year from July 12 to June 13. For every ₹ 1 change against the USD beyond the base rate of ₹ 55/USD the CAF would be 0.50% on the applicable freight and fuel surcharge only. You may note that there would be no CAF on value added services.

Please find below the slab wise increase of CAF beyond ₹ 55/USD $

Slab Currency Adjustment Factor
From To
0 1 0.50%
1 2 1.00%
2 3 1.50%
3 4 2.00%
4 5 2.50%
5 6 3.00%
6 7 3.50%
7 8 4.00%
8 9 4.50%
9 10 5.00%
 

For every additional increase of 1 Re/USD $ the CAF would increase by 0.5%

For more information, contact our Customer Service to assist you.

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