Currency Trends in November 2008

-
2 December 2008 - The currencies of a large number of low-cost countries started more obviously falling in the last month, offering some potential relief to the global clothing trade. The Chinese renminbi and the Indian rupee however stayed unchanged while the Pakistani rupee even rose. While the fall of the British pound is a clear blow for UK's importers, a continued increase in the dollar may support US imports in the next year.

Comments

Post a Comment

Popular posts from this blog

Herringbone Fabric Exporter Herringbone Fabric Manufacturer Herringbone Pocketing Fabric Supplier JJ Fabrics Pakistan Fabricantes de espiga tela sarga 82x64 30x150 https://www.jjfabrics.com/herringbone-fabric/

-
Image
JJ Fabrics   manufacturing Herringbone Fabric in Construction 82×64 30x150D Black White and Ivory Colors. Herringbone, also called broken twill weave, describes a distinctive V-shaped weaving pattern usually found in twill fabric. It is distinguished from a plain chevron by the break at reversal, which makes it resemble a broken zigzag. The pattern is called herringbone because it resembles the skeleton of a herring fish. Herringbone fabric is one of the most popular cloths used for pocketing.
Read more

India Spun Yarn Export Market Prices

-
23 December 2008 - Spun yarn export prices are falling again in India, especially for cotton and polyester-cotton yarns, according to statistical tables released by our India Correspondent. The business is becoming extremely difficult for exporters, with buyers now renegotiating orders to take advantage of lower prices. Government incentives are not offering enough support to the cotton textile industry, according to exporters.
Read more

Latest Regulations Regarding Textile Trade

-
5 December 2008 - E.U. Commission: New GSP Rules of Origin - Latest Proposal. - Canada's Government: WTO Consultations on U.S. Country-of-Origin Labelling. - Hong Kong-China: Allocation of US Textile Quotas. - U.S. CITA: Commercial Availability Requests under CAFTA-DR. - U.S. Customs: New AGOA-ATPDEA Rules of Origin. 2009 Textile Limits (NAFTA, Chile, Morocco, Singapore, Wool Fabrics). ATPDEA Extension. - U.S. Consumer Product Safety Commission: Conformity certification required for consumer products.
Read more