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l-text">Last updated: 22 Feb, 2017  
SME Glossary
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Glossary of Export Import Trade Terms Starting with - Q
Words   Description
QRs QRs mean Quantitative Restrictions. QRs refer to specific limits imposed by countries on the quantity or value of goods that can be imported or exported. QRs are non-tariff measures which are taken to regulate or prohibit international.
Quid Pro Quo Latin for "this for that." An exchange of one thing for another.
Quota The quantity of goods of a specific kind that a country permit to be imported without restriction or imposition of additional Duties.
Quotation An offer to sell goods at a stated price and under specified conditions.
 
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  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 24 Jan, 2022
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