Exporters facing uncertainty due to rupee depreciation: FIEO

Federation of Indian Export Organisations (FIEO) president Ganesh Kumar Gupta said that with fluctuation in rupee value, global buyers start asking for review of contracts. "Exporters are facing uncertainty due to this. They are unable to hedge as they do not know where the rupee value would go tomorrow," Gupta said.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2NxbQPT

Newer Post Older Post