Countries that are rich in a particular resource, and capable of exporting that resource in large volumes, are known as having “commodity currencies.” This can provide major support to the value of a country’s currency, but can also prove a major drag on the currency when global demand for the relevant commodity is low. After a difficult 2022, dominated by central banks combating inflation by raising interest rates, how are the major commodity currencies faring? Presented by @cmegroup:
——–
Subscribe to our YouTube channel:
Subscribe to Bloomberg Originals:
Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world.
Connect with us on…
YouTube:
Breaking News on YouTube:
Twitter:
Facebook:
Instagram:
コメントを残す