Ahmedabad: Exporters face payment delays as dollar crunch hits African markets | Ahmedabad News
Ahmedabad: Gujarat-based textile and chemicals exporters are grappling with delayed export proceeds as several African countries face a shortage of US dollars, leaving payments stalled for months despite goods being delivered. Exporters say the issue has persisted for nearly two-and-a-half months, tightening working capital cycles and raising compliance concerns.Industry executives attribute the bottleneck to high…
