Active Blogs | Popular Blogs | Recent Blogs In the first week of the New Year of 2010, inflatable games the Indian rupee against the U.S. dollar hit a new high of $ 46.22 per share. While this is a good New Year wishes rupees in India, importers, it may not be happy exports so much. Since then, the rupee has been hovering at around Rs 46.2 consistently. Value in recent weeks, it has been the appreciation of the whole.In this article, we will focus on the Indian textile exporters. Almost no one about their bottom line often depends on this factor changes in foreign exchange rates over the Indian textile export community.
Inflatable Water Games.According to the World Trade Organization, the global textile market globalization and opening up, this change has affected their business than ever more frequent. Also in recent times, the appreciation of the rupee against the dollar, the currency widely used from this part of the world, in trade, hurt the textile exports. According to the Apparel Export Promotion Council, the negative impact of gross margin has been in therange 8 to 10%.
May be due to the adverse effects of changes in exchange rates textile manufacturer's profit does not seem relevant factors, advertising inflatables such as the increase or decrease of capital inflows in the form orForeign foreign direct investment or investment securities or RBI intervention (subject to availability). Rupee against the dollar's rise is not limited to the plight of exporters. Domestic inflation and rising raw material prices exert further pressure on already dwindling profits. For example, there is a global cotton prices and good quality makes the procurement of raw materials, expensive.
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