Sunday, December 19, 2021

Labour-intensive exports may gain as rupee hits 20-month low

While there is an improvement in realisations as they hasten to bring payments back into the country, some have begun to witness calls from buyers to cut prices for fresh orders. Exports dependent on imported inputs will see limited gains, but exporters in labour-intensive sectors such as textiles and leather could see an improvement in margins, traders say.

from Economy-News-Economic Times https://ift.tt/3EaPVY4
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