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Suresh Prabhu tweets export numbers ahead of schedule, brings cheer

Prabhu's comment is also thought to have affected the fortunes of the volatile Rupee which managed to stem its continuous fall over the past few days

Suresh Prabhu, Commerce and Industry Minister
Suresh Prabhu, Commerce and Industry Minister

A tweet by Union Commerce and Industry Minister Suresh Prabhu revealing that India's merchandise exports grew 19.21 per cent in August, two days before the official release date of the trade data, spread cheers in the financial market.  "Export trade during August 2018 recorded at $27.84 billion, a positive growth of 19.21 per cent. Excluding petroleum, exports also reported a positive growth of 17.43 per cent," Prabhu said. The events unfolded even as Prabhu is currently leading a high-level delegation, on a three-day trip starting Monday to the Eastern ...