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Today's tutorial is focused on how to set pricing in US dollars for rice exporters. Exporting rice may seem daunting, but it is actually a simple and safe option for traders. Exporting allows for buyer credit insurance, providing security. When selling rice in US dollars, it is essential to convert the price from rupees. Take the example of buying rice at 30 rupees per kg and selling to a buyer in US dollars. Converting prices is crucial for successful export transactions.
