Wednesday, August 27th, 2008
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Markets dropped precipitously today on news of rising oil crude prices.

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“Afghanistan to Zimbabwe”(the “Minors”)

“Afghanistan to Zimbabwe”(the “Minors”)

There are some 164 currencies that comprise the total of currencies in the world today. Many countries have “pegged” or “fixed” their currency price to the price of another leading or major currency.

For Example: The official currency of the UAE (United Arab Emirates Dirham) is pegged to the US dollar at approximately 3.675 AED per dollar. United Arab Emirates (AED) is pegged to the USD

Images Courtesy of Banknotes.com

Images Courtesy of Banknotes.com

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