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Currency Trends in Emerging Countries (Monthly Report)

2016-11-01 19:04:19| EmergingTextiles.com

The Sterling has sharply fallen in October, which should further depress UK's clothing imports in coming months. The euro has also retreated in line with a rise of the dollar against most other currencies. The main winner remains China with a new decline of the yuan in October which should partly support its ailing exports. Our monthly statistical report 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 a 2-year period.

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