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AEPC called for pragmatic approach to arrest rise of rupee

Related Keywords: Apparel Export Promotion Council, Bangladesh and Vietnam, called for strategy and pragmatic approach, China, depreciation of currencies of its competitors, Indian garment shipments hardly picking up, owing to a strong rupee, to arrest the rise of the rupee

The Apparel Export Promotion Council (AEPC) an apparel exporters’ body called for a carefully considered strategy and a pragmatic approach to arrest the rise of the rupee. As India’s garment shipments are hardly picking up owing to a strong rupee and depreciation of currencies of its competitors like China, Bangladesh and Vietnam despite government's intentions and support to the industry.

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