Exporters seek fewer loans on signs of slowing global trade

Exports contracted in October after a gap of 19 months. Merchandise exports slipped below the level of $30 billion for the first time in the last 20 months. This marked a contraction of 16% on a sequential basis and a hefty 17% on an annualised basis.

from News-Economic Times https://ift.tt/ODB4F3G