Top 20 Major world currencies
23 items ranked
Ever wondered what was the major currencies of the world here is the list.
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This currency is common amongst all the European countries who are apart of the European Union.
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The South African Rand is so much under valued. It has a better infrastructure and economy than most european countriea
The only reason the rand is undervalued is because it's an african curreny
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Turkish Lira or TL has had aggressive economic output and over 7% annual economic growth for more than a decade. Exchange rate is NOT a good sign of the strength of any particular currency.
Turkish Lira (TL) is probably at #7 or better if measured against US, Euro Pound, Canadian and other currencies simply due to Turkish Lira and its daily trade transactions in Istanbul and other point of contact with commodity traders in Europe and surrounding regions including Russia and at least dozen other countries.
Turkey having over Trillion Dollar economy, TL has to be on the top 10 most traded currencies.
TL was forced to go under inflation in 2013 and 2014 just as we saw crude oil being forced to drop more than half in value due to US led eagerness to let oil drop as low as it can get to influence Russia, Iran and others to change political course.
TL and Turkey where it is the legal tender will weather the storm and keep the TL a better compared to currency used in several EU member countries which use original national currency and opted out of the Euro.
Swiss currency can only be better than the TL as Geneva is home to powerful UN heavy dealers and wheelers of world politics.
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Pakistan Great Place to Live, Work and Run Business
Pakistan Stock Exchange (PSX 100 Index) has been ranked fifth best performing stock market in the world in the year 2016 by Bloomberg.
Pakistani Currency has tendency to grow & its economy has a great potential. It can only be achieve by removing the corrupt present govt. and instill a sincere Politicians/Govt.
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