Electronics prices soar after dollar value sees an increase

Recently dollar to rupee ratio is on its way up and its not looking its way down any time soon. We Pakistanis hope that our great leadership is doing best it can to help the nation.

Speaking of electronics, Pakistan doesn't manufacture any mainstream consumer products like TV's, Computer Equipment (yeah we recently started making mobile phones hands free and chargers, hopefully we will catch up) or any enterprise equipments. We totally depend on importing electronics from China, Malaysia, Taiwan, USA etc. Increase in dollar value means less buying power for Pakistani consumer, that is why the used Computing markets are becoming stronger as compared to the newly bought computing equipment.

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End users in Pakistan already pay extra money for each electronic device they purchase, $25-$50 for products between $100 - $400 and incrementally higher for products above $400. As there is no price regulation, every dealer can put whatever price tag he can cash in comfortably. Hafeez center, Lahore is an example for us, one shop keeps price tag of A4tech 5.1 Channel head phones, RS. 3000, while one sells the same product for RS. 1800.

As the dollar value normalizes, the prices also gets smoother through out the markets, increase in dollar value kicks following formula to work:

Honest increase in product's price + Unfair/Lamely added charges = End Consumer Price

Comments

 
+1 #2 Guest 2010-03-17 20:58
right!
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+1 #1 Guest 2010-03-17 20:27
oh yeah, everything is sky high priced :cry:
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