Further Fall in Real and Rupee

This entry was posted on Friday, August 16th, 2013 and is filed under Cashew, Cashew Market, Cashew Prices, News for Cashew.

Despite Euro is strengthening against the Dollar, Brazilian Real and Indian Rupee are still moving downwards against the US currency.

The current Forex situation may not harm the kernel market but there is no rush to buy raw cashew in the Flores region of Indonesia.

Only the Crop diversification can reduce the over dependency on cashew nut in some West African countries, especially in Guinea Bissau and Ivory Coast.

Filed Under: Cashew, Cashew Market, Cashew Prices, News for Cashew