ISLAMABAD - The import of mobile phones has witnessed an increase of 89.03 percent during the first month of current financial year (2020-21) as compared to the corresponding period of last year.
Pakistan imported mobile phones worth the US $148.001 million during July 2020 as compared to the imports of US $78.295 million during July 2019, showing the growth of 89.03 percent, according to the latest data issued by Pakistan Bureau of Statistics (PBS).
On a month-on-month basis, the imports of mobile phones however witnessed a decrease of 36.01 percent during July 2020, as compared to the imports of US $231.302 million during June 2020, according to the data.
It is pertinent to mention here that the trade deficit during the first month of the current fiscal year dipped by 7.72 percent as compared to the corresponding period of last year.
The trade deficit during July 2020 was recorded at $1.686 billion against the deficit of $1.827 million in July 2019, the data revealed.
During the month under review, the exports from the country increased by 6.10 percent, from $1.886 billion last year to $2.001 billion during the current year.
On the other hand, the imports witnessed a decline of 0.70 percent by falling from $3.713 billion last year to $3.687 billion this year.
Associated Press of Pakistan Corporation (APPC) - Pakistan's Premier News Agency
Pakistani rupee inches up against US dollar in the open market on 28 March, 2024.
In the open market, the US dollar was being quoted at 278.4 for buying and 281.4 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 278.4 | 281.4 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.7 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.45 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.70 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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