Indian exports benefiting from weak rupee, says trade secretary

September 06, 2018 / in.investing.com / Article Link

MUMBAI, Sept 5 (Reuters) - Indian exports are rising driven by a fall in the rupee against U.S. dollar, by more than 11 percent so far this year, the trade secretary said on Thursday.

Merchandise exports INEXP=ECI rose 14.32 percent in July to $25.77 billion from a year ago. down the impact of the weak rupee on the economy, Trade Secretary J.S. Deepak (NS:DPFE) said in the medium term, country's fundamentals were strong and the capital flows were healthy.

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