Millennium Post

Rupee appreciation hurting exports'

The Indian rupee has appreciated considerably over the past two months. A continued rupee appreciation is bound to make Indian exports uncompetitive.

"The volatility in rupee will adversary effect export growth", said Sanjay Budhia, Co-Chairman, CII National Committee on International Trade and Exports.

A continued trend of rupee appreciation will result in many Indian exports becoming uncompetitive. CII, urges the Government to put in place measures to ensure rupee is maintained at a level which is conducive to export growth.
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