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India's rice export prices increased this week amid good demand from African nations and a resurgent rupee. The rupee rose to an over three-week high on Thursday.
India’s 5% broken parboiled variety rose to $370-$376 per tonne from $369-$374 a week ago, Reuters reported.
The country’s rice exports in April-July, however, had plunged 26.5% from a year ago to 3.14 million tonnes, a government body said.