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Trade - Exports grow 23% despite firm rupee

	May 05, 2008

Amid constraints including a persistently rising rupee that eroded the margin of exporters and high transaction cost, the country’s export during 2007-08 hit $155.5 billion with exports in the final month March alone touching $16.28 billion. Provisional foreign trade data released by the Commerce Ministry show that the country’s exports in March were $16.28 billion. Cumulative value of exports for the whole fiscal year 2007-08 amounted to $155.5 billion, against $126.4 billion in 2006-07, logg ...