India Ratings & Research estimate: Exports will continue to face downtrend this year
Posted on: 15/Apr/2016 2:24:27 PM
India ratings and Research, in its latest report, has informed that the countries all over the world have taken several stringent measures to bring steadiness to the prevailing economy.
India`s export trade will be on a downward trend in the financial year 2016-17 as well.
The exchange rate between American Dollar & Indian Rupee plays a crucial role in the recovery of export trade.
However, in the current financial year, the average value of American Dollar will be Rs. 67.50.
