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India exporters hoping for Yellen's guidance
Published Wed, Jun 17, 2015 · 09:50 PM
Hong Kong
COUNT Indian exporters among those closely watching Federal Reserve chair Janet Yellen this week.
India's overseas sales are falling more steeply than many other Asian countries, dragged down both by oil prices and weak demand in developed economies other than the US, its biggest export market. The 20 per cent drop in May marked the longest monthly losing streak since 2009.
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