KARACHI: As the rupee stands devalued by about 10 percent during one year, it might ease out Pakistan exporters competing with China and India and help boost exports.

Economic pundits in their efforts in finding out a consolation said that the rupee today stands depreciated against dollar selling in inter-bank market at Rs68 as against Rs60.65 in May last year, showing the value of rupee declined by Rs7 or about 10 percent, which would particularly help the textile sector competing in the international market and they were likely to get more orders due to lessening of cost in terms of dollar. The value of rupee also eroded against Emirates Dirham, Euro and Pound, which has also provided opportunities to the Pakistani exporters for boosting exports and earn better profits, which in turn would help ease out the increasing pressure on the exporters and the cost of business relating to exports could be reduced.