The dollar index, which measures the value of the US greenback against a basket of other foreign currencies, gained 14 percent so far this year. This was primarily due to the aggressive rate hike decision of the US Federal Reserve and global investors moving assets to the perceived safety of the US amid geopolitical tensions.
India extends free import of yellow peas till October 2024
In December last year, the government allowed duty-free imports of yellow peas until March 2024 which was extended till April and then June.