Exports leapt 48.9 percent year-on-year to 1.04 trillion yuan, Customs said on its website, while imports fell 20.1 percent to 666.1 billion yuan.
The country's trade surplus, long a source of tensions with its trading partners, rose above a previous all-time monthly high of 366.9 billion yuan recorded in January.
It attributed the surge to a rise in Chinese exporters' shipments ahead of the Lunar New Year, which fell on February 19 this year.
"Affected by the Spring Festival factors, export companies in the country again rushed to export ahead of the holiday and only resumed working after it," the statement said.
The lunar new year fell on January 31 in 2014, followed by a week-long national holiday, leading to a low comparison base for this February.
For the first two months of the year, China's trade surplus totalled 737.4 billion yuan, customs said in a statement.
The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.
KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on March 30, 2023 (Thursday).
Source: Forex Association of Pakistan. (last update 09:00 AM)
|UK Pound Sterling||GBP||348||351.5|
|Hong Kong Dollar||HKD||36.11||36.46|
|New Zealand Dollar||NZD||175.57||177.58|
KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 207,700 on Thursday.The price of 10 grams of 24k gold was recorded at Rs178,070.
Likewise, 10 grams of 22k gold were being traded for Rs163,624 while a single tola of 22-karat gold was being sold at Rs 190,880.
Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.
|Lahore||PKR 207,700||PKR 2,470|
|Karachi||PKR 207,700||PKR 2,470|
|Islamabad||PKR 207,700||PKR 2,470|
|Peshawar||PKR 207,700||PKR 2,470|
|Quetta||PKR 207,700||PKR 2,470|
|Sialkot||PKR 207,700||PKR 2,470|
|Attock||PKR 207,700||PKR 2,470|
|Gujranwala||PKR 207,700||PKR 2,470|
|Jehlum||PKR 207,700||PKR 2,470|
|Multan||PKR 207,700||PKR 2,470|
|Bahawalpur||PKR 207,700||PKR 2,470|
|Gujrat||PKR 207,700||PKR 2,470|
|Nawabshah||PKR 207,700||PKR 2,470|
|Chakwal||PKR 207,700||PKR 2,470|
|Hyderabad||PKR 207,700||PKR 2,470|
|Nowshehra||PKR 207,700||PKR 2,470|
|Sargodha||PKR 207,700||PKR 2,470|
|Faisalabad||PKR 207,700||PKR 2,470|
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