Monday, January 20, 2025

TIDBIT FROM CLARE, 20 JAN

 Clare  

Article: "The 10 most powerful currencies in the world.. Arab countries top the list"   

Quote: "The Bankrate website...list of the strongest currencies in the world. 1- Kuwaiti Dinar...traders getting 0.31 Kuwaiti Dinars for every US Dollar. 2- Bahraini Dinar...0.38 Bahraini Dinars for every US Dollar.  3- Omani Rial...0.39.  4- Jordanian Dinar...0.71. 5- British pound...0.82. 6- Gibraltar pound...0.82. 7- Cayman Islands Dollar...0.83.  8- Swiss Franc...0.92.  9- Euro...0.98.  10- US Dollar...

While the Kuwaiti dinar is the strongest currency, the Swiss franc is considered one of the most stable currencies thanks to Switzerland's political neutrality, low debt-to-GDP ratio, and conservative monetary policy.


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