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Currency Report: April 2018 (Monthly Report)

2018-05-02 18:22:29| EmergingTextiles.com

Most currencies of apparel producing countries have depreciated against the dollar in April which could boost exports to the US market, if confirmed in coming months. The Indian rupee has been weaker than many other Asian currencies in the last months, restoring the competitiveness of Indian exporters. Our monthly statistical report covers the past two years and displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi over a 2-year period.

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