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
The RAND Journal of Economics journal in the spring of 1970 with the name The Bell Journal of Economics and Management Science. From 1975–1983 it was titled The Bell Journal of Economics. In 1984, after transfer to the RAND Corporation, it acquired its present name. The RAND Journal of Economics The RAND Journal of Economics (usually called Rand Journal or simply Rand ) is a peer-reviewed scholarly journal of economics published quarterly by Wiley-Blackwell on behalf of the RAND Corporation. The journal's purpose is "to support and encourage research in the behavior of regulated industries, the economic analysis of organizations, and more generally, applied microeconomics".