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Bangladesh's corn import | Bangladesh’s corn import may plunge in the marketing year (MY) 2023-24 beginning from May owing to reduced requirement of feed in poultry, aqua and other farms, and difficulties faced by millers in importing goods amid the ongoing forex shortage in the country, according to a recent report by the US Department of Agriculture (USDA).
Some foreign exchange traders have raised concerns about the availability of dollars in the Indian banking system, pushing forward premiums lower, following the maturity of a Reserve Bank dollar/rupee swap transaction next week
The central bank heads of India, Vietnam and Switzerland got an A+ grade
Rest of World News: The worsening electricity blackouts in Egypt along with record inflation and a weakened currency are challenging President Abdel Fattah al-Sisi’s imag
According to Ewura, the rapid increase in prices is due to dollar shortage that has hit the country.