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Currency Report: February 2018 (Monthly Report)

2018-03-02 09:00:00| EmergingTextiles.com

The US dollar has last month slightly risen against the major traded currencies, due to an expected rise of US benchmark interest rate several times this year. The currencies of all major textile producing countries have similarly experienced a slight decline against the dollar. Compared to the Euro and the British pound, they have however risen. 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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