Commodity currency Canadian dollar, New Zealand dollar, Norwegian krone, South African rand, Brazilian real, Russian ruble and the Chilean peso. Due to the nature of commodity currencies being tied to commodities, being tied to any one good can be beneficial as well as problematic for the country. While naturally, falling or rising exports will lead to deflation or inflation respectively in any country the impacts are more severe in countries with commodity currencies at their currency is so heavily tied to a set few commodities. According to a 2009 study on commodity currency titled “Can Exchange Rates Forecast Commodity Prices?” by Yu-chin
Jeb Rand Jeb Rand Jeb Rand (born October 22, 1965) is an American former amateur and professional figure skater who is now a live show writer, producer and director, primarily of original theatrical ice shows, He also creates extreme sports productions and branded content special events worldwide. Rand is the president and executive producer of Rand Enterprises And Productions, Inc., a Las Vegas, Nevada-based production company. Rand was born in Marietta, Georgia, the son of Nanci Rand, and Dr. Howard Rand, a Veterinarian. He has an older brother, Darren Rand, and a younger sister, Jolie Rand. As an amateur skater, Rand was