Is everything ok with rise in exports Business Реклама Recent Posts « » Is everything ok with rise in exports April 15th, 2011 | Author: admin Is Everything Ok With Rise in Exports?

Despite the fact that exports in August rose by 18.9 percent in comparison to last year’s figures, I feel the exporters are still under pressure from the hardening of the rupee.

In addition to this, high global oil prices and a robust demand for capital goods in a growing economy are likely to widen the trade deficit, which I feel will be an area of concern in the coming weeks.

With the volatile rupee likely to continue appreciating, I expect a fall in the demand for Indian products in major export markets.

If the current situation prevails, then there will be a lot of pressure on the government which will have to find ways to provide more fiscal and monetary assistance to exporters.

I think the exporters have to be very cautious while looking for clients. I would like to reiterate that with the rupee remaining strong vis-?-vis the dollar, they need to find innovative ways to keep their goods globally competitive.

Posted in Forex | Tags: , , , ,

Comments are closed.

August 2013 M T W T F S S « May      1234 567891011 12131415161718 19202122232425 262728293031   Archives Tags advice application blog board broker construction consult corporation discount dream energy estimate euro export fair fan finance food format geo gift holiday ideal install light machine master maximum mobile nature north ok pet picture promote rent repair rich room rules security smart subject super tour

Copyright © 2013 Business. All Rights Reserved.