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DNBC's role in facilitating textile and clothing businesses in cross border payments

The textile and clothing industry stands as a dominant force in the international market, contributing to the global economy. The global textile and clothing market was valued at $1.9 trillion in 2019 and is predicted to be $3.3 trillion by 2030, with a compound annual growth rate of 3.5% (source: Fashinza). In 2020, global exports of textiles and clothing reached $795 billion (source: World Bank).

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