Currency Trends in October 2008 (Monthly Report)

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7 November 2008 - A strong change in currency trends in October will seriously affect the global clothing market in the coming months. The euro and British pound dramatically fell against the US dollar, potentially limiting European imports in the next year. Wide differences were also observed between currencies of emerging countries, with Indian and Pakistani rupees further sliding and the Bangladeshi taka remaining at a relatively high level.

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