Related Keywords: adverse impact on textile exports from India, against US dollar, allowing official currency, become cheaper, coping up with lower demand, global market, Indian textile industry, move by Chinese government, textile imports from China, Yuan to decline
The Indian textile industry is already coping up with lower demands in the global markets. But the move by Chinese government allowing its official currency, Yuan, to decline by about 4% against the US dollar is expected to adverse impact on textile exports from India.
