Indian merchants have almost entirely stopped signing new export contracts with Iranian buyers

Indian merchants have almost entirely stopped signing new export contracts with Iranian buyers

Reuters reports Indian merchants have almost entirely stopped signing new export contracts with Iranian buyers for commodities such as rice, sugar, & tea, due to caution about Tehran’s dwindling rupee reserves with Indian banks. #Iran #Indiahttps://t.co/m3qwRASapm

— Jason Brodsky (@JasonMBrodsky) March 4, 2021