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US and South American markets looking up…

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Apparel Online India August, 1-15, 2016

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All other remain uncertain

Indications from both the exporters and the buying offices confirm that though business in the US is on stable ground, and according to some even on the rise, working in Europe is a challenge today. As the Euro continues to remain weak and pound in particular takes a beating, exporters working in the EU are on shaky ground. In the meanwhile, the UK has been stripped of its top credit rating by Standard & Poor’s, which warned that further downgrades could follow in the coming months after its decision to leave the EU. Since Brexit, the pound has hit a 31-year…

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Source: Apparel Online India August, 1-15, 2016
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