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Currency Trends in Emerging Countries: May 2018 (Monthly Report)
2018-06-06 14:20:58| EmergingTextiles.com
The rise of the dollar in May has not impacted exchange rates of most low-cost currencies, whereas the euro and pound sterling have plunged at the same time, weakening demand for apparel imports in the EU. Bangladeshi cotton importers find themselves in a good position, with the taka having appreciated against the Indian rupee. 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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Category:Textiles and Nonwovens