Related Keywords: Pakistan exchange rate, value-added textile industry
Pakistan exchange rate see a sudden 12 percent revaluation of the rupee from 108 to 96 a dollar will is likely to cause an adverse effect on export revenue. The value-added textile industry is concern over this and urged for government support to even out this negative effects of sudden appreciation of the exchange rate on their revenues.
While, Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) has demand to put in place a system which will support the exporters from the negative impact of rupee revaluation on their tight liquidity.
