BRICS: US Dollar Fails To Enter the Top 5 Strongest Currency List
Forbes recently updated the top 5 most strongest currencies in the world for 2024 and the US dollar did not make it to the list. Even the local currencies of BRICS countries failed to enter the top 10 list and are below the US dollar. However, oil-rich Middle Eastern currencies dominate the list taking the top 5 spots in the strongest currency list. Also Read: BRICS: Brazil To Incorporate Government Bonds in CBDC Digital Currency Below is the recent list of the top 5 strongest currencies in the world as of September 2024. Kuwaiti Dinar (KWD) Bahraini Dinar (BHD) Omani Rial (OMR) Jordanian Dinar (JOD) Gibraltar Pound (GIP) Source: Forbes Also, the British Pound (GBP) comes close to the fifth spot and is currently sitting in sixth place today. None of the BRICS nations’ currencies nor the US dollar has made it to the top 5 strongest currency list. Therefore, currencies from the Middle East which caters to oil production and exports are the strongest currently. The Kuwaiti dinar has ...