In a new development in Brazil, rice prices have started to decline following a 40% increase over the past year. As of January, the cost for producers reached R$ 128.83 ($25.8) per sack, up from R$ 91.45 in January 2023. The spike resulted from global market shifts, including India’s export ban on its primary rice […]
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Yen at Crossroads Ahead of Policy Talks
The global currency market is highly tense, awaiting the Bank of Japan’s crucial two-day meeting, much like a volcano on the brink of eruption. For the past month, the Japanese yen has been stable against the dollar. Many wonder if the BOJ’s decisions could change this. The BOJ has kept its policy rate below zero. […]
