Tea, rice exports to Iran may take a hit on rial devaluation
- Posted on December 18, 2024
- By Business News Today
- 1 Views
Tea, rice exports to Iran may take a hit on rial devaluation
Iran's currency devaluation threatens Indian tea and basmati rice exports. The increased cost of imports may hinder sales of premium orthodox tea, while basmati rice exporters face insurance and pricing challenges. However, some believe the impact on rice may be mitigated by government subsidies.
