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The Economic Times
The Economic Times
Business

Higher borrowing costs could increase financial burden on exporters: FIEO

NEW DELHI: Apex exporters body FIEO on Wednesday said higher borrowing costs could increase the financial burden on exporters, particularly MSMEs, at a time when global trade is facing heightened uncertainty.

The statement came in the backdrop of the RBI raising the policy repo rate by 25 basis points to 5.5 per cent.

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