Wednesday, March 24, 2021

Govt hopeful of resolving Iran's currency issue by next month; export to resume soon

Iran's rupee reserves have reduced significantly in India's UCO and IDBI Bank, the two banks authorised to facilitate rupee trade. As a result, exports of agri-commodities like sugar, tea and rice have almost stopped because exporters are not sure of getting paid on time.

from Economy-News-Economic Times https://ift.tt/2NKQTGk

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