The government on Thursday ruled out any downward revision of the 12 per cent export growth target set for this year and was confident that Reserve Bank of India's credit policy on November 3 will address exporters' concerns of appreciating rupee and credit availability.

There will be "no revision of target" in the face of falling exports growth during the last two months, outgoing commerce secretary Dipak Chatterjee said, adding, "We are keeping a watch and the downslide (on exports growth) was not any undue cause for worry."

Commerce ministry has notified the apex bank of the exporters concerns over appreciating rupee and non-availability of credit.

Chatterjee will quit his post after 21 months stint on October 31 to takeover as chairman of the newly constituted Competition Commission of India.