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  • Indian cashew sector could be hit by Brexit impacts

    Jun 30th, 2016

    The Indian cashew sector is likely to show an immediate impact from the depreciation of the Indian rupee against the dollar following Brexit, local industry sources said this week.

    The Brexit decision could also hit other import-dependent commodity export sectors such as cocoa and pepper, traders and exporters said.

    The Indian cashew industry has been importing more raw nuts for processing as domestic.