Rupee Strong, Dong Weak.

This entry was posted on Wednesday, March 31st, 2010 and is filed under Cashew.

Indian Rupee is becoming stronger and stronger in the Forex market. Today’s Exchange rate is below Rs45 to a Dollar. But from last few weeks, the Vietnamese Dong has become
much weak to all major currencies. In the Forex trading $1 = VND19120. Vietnamese Kernel exporters gained 6% to 7% in the Forex market but the Indians lost 4%. In the mean time; where kernel exporters gained, raw cashew importers lost and where kernel exporters lost raw cashew importers gained.

Filed Under: Cashew