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How MSMEs can benefit through the Forex market

For many MSMES in the country, operating overseas has become a norm since the wave of globalization kicked in during the latter part of twentieth century. As information and communication technologies boosted connectivity among nations and MSME industries, hosts of enterprises started expanding their boundaries to begin businesses in different parts of the world. Lesser availability of raw materials and human capital at home, high cost of transportation, political instability and a limited home market necessitated some companies to set camp outside national borders.

For many MSMES in the country, operating overseas has become a norm since the wave of globalization kicked in during the latter part of twentieth century. As information and communication technologies boosted connectivity among nations and MSME industries, hosts of enterprises started expanding their boundaries to begin businesses in different parts of the world. Lesser availability of raw materials and human capital at home, high cost of transportation, political instability and a limited home market necessitated some companies to set camp outside national borders.

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