Related Keywords: APTMA, Pakistan textile exporter, rebate
The All Pakistan Textile Mills Association (APTMA) upset with the sudden surge in rupee value against dollar moreover it is continuing to raise disconcerting textile exporter’s business headway. They have urged the government to fix the rupee dollar parity to shield exporters from exchange losses and pay them 10% rebate against inventory looses incurred by them due to this.
The demand to pay 10% rebate will on business deals which the textile exporters had done during the period March-September 2013. As they get export payments after a gap of 90-120 days.