Commodity currency
id:
commodity-currency-259-5449840
title:
Commodity currency
text:
A commodity currency is a currency that co-moves with the world prices of primary commodity products, due to these countries' heavy dependency on the export of certain raw materials for income. Commodity currencies are most prevalent in developing countries. In the foreign exchange market, commodity currencies generally refer to the New Zealand dollar, Norwegian krone, South African rand, Brazilian real, Russian ruble and the Chilean peso. Commodity currencies' nature can allow foreign exchange
brand slug:
wiki
category slug:
encyclopedia
description:
Currency moving with commodity prices
original url:
https://en.wikipedia.org/wiki/Commodity_currency
date created:
date modified:
2022-12-14T22:23:59Z
main entity:
{"identifier":"Q3321060","url":"https://www.wikidata.org/entity/Q3321060"}
image:
fields total:
13
integrity:
14