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
Henry Hale Rand Rand started his career at the International Shoe Company (which became Furniture Brands International) in 1929. He joined its Board of Directors in 1945. From 1948 to 1955, he served as its Vice President. Upon the death of his brother, Edgar E. Rand, who had served as President from 1950 to 1955, Rand served as President until 1962. Under his leadership, the company was the world's largest shoe manufacturer. Rand was elected as the President of the Webb School in 1950. Additionally, he served on the Board of Trustees of his alma mater, Vanderbilt University. Rand married Dorothy Bolin. They