The current currency movement is creating a business environment fraught with uncertainties, says Nashik-based exporter Muthukumar Raaju. The founder and director of Enrock Impex Pvt Ltd — which exports textiles, carpets, plastics and kitchenware — says it takes 30-50 days to execute an order. But the rupee-dollar exchange rate changes between the time the business deal is signed and the goods are exported. “This exchange rate fluctuation also
Read More at https://economictimes.indiatimes.com/small-biz/trade/exports/insights/dollar-surge-why-the-weakening-rupee-is-a-headache-for-indian-exporters/articleshow/95112175.cms