Home > Trade (Import-Export) > Exports at a 2-year high; rising rupee a concern

Exports at a 2-year high; rising rupee a concern

While India’s trade statistics reflect a positive light, a cause of concern is the appreciation in Indian Rupee vis-à-vis USD. Indian Rupee has appreciated by 5% during April-September 2010, compared to the year-ago level. This appreciation in rupee results in lower revenues for Indian exporters.

An informative piece on the current trade statistics of India.

http://www.thehindu.com/business/Economy/article848994.ece

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Categories: Trade (Import-Export)
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