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Currency, break bulk shipments, government procurement and MEIS are the key factors affecting rice exporters of India this week. 1. Currency: The Indian currency appreciated against the U.S. Dollar from 22 – 27 March by around 0.56%. This increased the costs for the rice exporters of India earlier during the week. 2. Break bulk shipments: […]
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Currency, breakbulk shipments, government procurement and MEIS are the key factors affecting rice exporters in India this week. 1. Currency: The Indian currency strengthened against the Dollar earlier this week but later depreciated, ending the week at around 1% weaker. This increased the costs for the rice exporters in India earlier during the week. 2. […]