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Dollar surge: Why the weakening rupee is a headache for Indian exporters

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


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