Brexit Set to Dent Mauritius’ Textile Exports as Rupee Gains

  • About 18% of nation’s total shipments destined for the U.K.
  • Almost 90% of those exports are paid for in British pounds

The U.K.’s decision to exit Europe’s common market could hurt Mauritius’ apparel export earnings by about a 10th, in line with the rupee’s appreciation against the pound.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.