Capital Controls for Stemming Rupee Devaluation and Economic Glide The Reserve Bank of India (RBI) imposed partial capital control on companies and individuals investing in the global economy as a means that could help stabilize the rupee a bit and help the sagging economy. Experts indicate that the Overseas Direct Investment (ODI), which was started about two decades ago as part of the liberalization, will be strongly affected. Companies will not be able to buy assets overseas. Remittances above $75,000 per year for these type purchases are not allowed and permission is mandatory if more is required. The government sees these as short-term temporary measures and will eliminate the curbs when the rupee is stabilized. $1.2 billion was r...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
From WPI Consulting
Accountability and a comprehensive approach to export programming
WPI’s team helped construct a strategic approach to develop, implement, and track promotional activities in 8 key regions across the globe for an agricultural export association. With continued progress measurement and strategic advisory services from WPI, the association has seen its ROI from investments in promotional programming increase by 44 percent over the past 5 years. Not only does this type of holistic approach to organizational strategy provide measurable results to track and analyze, it fosters top-down and bottom-up organizational accountability.