ShareMy exports are in EUR; shall I take packing credit in EUR or in USD and why? Clearly, you should take in EUR to mitigate currency risk, Additionally, the Libor rate in EUR is negative or near zero as compared to USD.Was this FAQ helpful to you? Related FAQs Are there restrictions on certain sector for which factoring is not available? I am getting lot of orders (both domestic and exports) but my bank limit is insufficient to finance these. My bank is taking time to enhance the limits. What routes are available to borrow to execute these orders? Can I avail ECB if my business has both manufacturing and trading? What is the maximum duration for which I can get long term loan? I don’t have exports, can I borrow in foreign currency to reduce interest cost? For export financing, should I take packing credit in foreign currency or in INR? Leave a Reply Click here to cancel reply. Name Email (will not be published) Website Comment