Tag: currency volatility
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West Africa: Weekly rice price trends show mixed trends amid currency fluctuations
Benin and Niger markets diverge on selective buying trends Currency volatility continues to influence import parity, trade sentiment Benin: Rice prices in Benin displayed mixed trends, with parboiled (PB) grades facing pressure while white rice (WR) and select premium segments finding support. Parboiled prices opened at $541/tonne (t) on 16 March, rose to $555/t by…