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RUPEE RISE WILL NOT AFFECT INDIA'S EXPORT GROWTH: MINISTER.
NEW DELHI, April 1 Asia Pulse - India's Commerce Minister Arun Jaitley expressed confidence that the appreciation in the Rupee against the US dollar will not hinder export growth, which is likely to accelerate next fiscal after having overshot the current fiscal's target of US$50 billion.
"Our export competitiveness has been such that it adequately took care of the Rupee appreciation. The fact that exports have over-shot the target is an evidence to it," Jaitley said after presenting the Exim policy for 2003-04.
The Rupee gained by over 10 paise and stood at Rs 47.54 against the greenback ever since the ...
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Source: HighBeam Research, RUPEE RISE WILL NOT AFFECT INDIA'S EXPORT GROWTH: MINISTER.