Agrimonetary Report
31st March 2009
The USCR is the “Unofficial Sugar Conversion Rate” between UK Pounds and Euros. The USCR has the potential to change every 14 days depending on the value of Sterling against the Euro and if at 1.30pm every second Thursday that value is more than 1% different (+ or -) compared to the previous fortnight.
<p>The Rural Industries and Self Employment Promotion Ministry has planned to develop the kithul treacle and jaggery industry as a substitute to help the country reduce its expenditure on sugar imports, according to the Daily News. <br /><br /> An Information Department release said the country currently spent nearly LKR20,000 million (US$172.7 million) on annual
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