Forex Market Likely to Remain Volatile

This entry was posted on Wednesday, May 26th, 2010 and is filed under Cashew.

Efforts to restore stability in the Forex trade will take its own time. Volatile period may continue for next few weeks. At present, Indian cashew processors are dependants of the export market and export import business is in the grip of uncertain forex market. Demand for cashew kernel in the Indian domestic market is still weak and big exporters are the main buyers on account of Rupee fall against the Dollar.

Filed Under: Cashew