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
Rand Group officials with the Mongolian government on applications of business technology to their petroleum and natural resource industry as part of a five-day workshop put on by the US Department of Commerce. Rand Group was formed in 2003 by the acquisition of the technical consulting division of Hein & Associates LLP, a regional accounting firm. Between 1996 and 2003, prior to the formation, the same management team provided the same service offering at Hein. Rand Group received Gold Partner status in 2005, primarily as a result of its 90% client retention rate. Since 2004, Rand Group has consistently ranked in Accounting