Published by Mark Smith-HalvorsenA weaker pound on the foreign exchange market is helping to support the country's exporters, it has been claimed.Ed Moss, a spokesperson for the Manufacturing Institute, said there are two key reasons why British manufacturing is being supported at the moment. Recognition of the quality of British products is helping producers expand their export markets, he noted, saying that sterling's level against its major currency competitors is also helping the situation."People are recognising British quality and, while the pound is the way it is, of course, it is aiding exports a little bit," he said.Mr Moss added that the standards set by the government or individual institutions are high and that consumers are opting for these quality products.His comments follow the release of the latest Markit/CIPS UK Manufacturing Purchasing Managers' Index, which recorded continued strength in the sector.While exports increased, manufacturers have also had to contend with input cost inflation.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site