Vietnam has devalued the dong for the third time this year. This will make life difficult for coffee exporters like CCL
Quoting the Hindu – “CCL Products, which exports to about 56 countries, has so far shipped about 24,741 tonnes of instant coffees in the current calendar year. Tata Coffee has exported about 10,207 tonnes, while Nestle with 8895 tonnes were the other large instant coffee exporters.”
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