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
Ingersoll Rand which maintains commercial and residential security hardware brands such as Schlage, Von Duprin, LCN, Bricard, Interflex, Normbau and CISA. In August 2014, it was announced that Ingersoll-Rand would acquire the centrifugal compression unit of Cameron International for $850 million. In September 2017, the Asthma and Allergy Foundation of America and Allergy Standards Limited announced that the Trane CleanEffects™ whole home air cleaner from Ingersoll Rand has earned the Asthma and Allergy Friendly Certification. This is the first whole home air cleaner to receive this Certification. In October 2018, Ingersoll Rand has received takeover interest in its power tools business, which