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Currency Trends in Emerging Countries: Jan-Jul 2019 (Monthly Report)
2019-08-01 19:24:54| EmergingTextiles.com
The Sterling and the euro have significantly declined in the last days over fears of a no-deal Brexit and a slowing down European economy. With the US Fed no more expected repeatedly cutting its interest rates in the remainder of the year, both currencies could continue to drop to new lows, negatively affecting the global clothing market. Our monthly statistical report covers the past two years and displays a comprehensive view of currency values against the US dollar but also v. the euro, the British pound, the Indian and Pak rupees, and the Chinese renminbi over two years.
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Category:Textiles and Nonwovens