According to a recent Forbes report, Which is the world's strongest currency?
Correct answer: A. Kuwaiti Dinar
- A. Kuwaiti Dinar
- B. Dubai Dirham
- C. Israeli Shekel
- D. London Pound
Explanation
The Kuwaiti dinar is generally ranked as the world’s strongest currency by nominal value against the US dollar, not by global usage or economic size. The UAE dirham and Israeli shekel have lower nominal exchange values.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
Practise Global Economy
448 free Global Economy MCQs from International Current Affairs, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
Exams that ask International Current Affairs questions like this
International Current Affairs is on this paper prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for it.
More Global Economy questions
What significant geopolitical event involving Russia and Ukraine was reported on January 1, 2025?
What significant event occurred on New Year's Day regarding Russian gas exports?
Who is the World richest man in 2025?
Where was the 8th edition of the 'Future Investment Initiative (FII)' held?
Who has been appointed as the new ADB country director for Pakistan, succeeding Yong Ye?
Three US-based academics Simon Johnson, James Robinson and Daron Acemoglu won the 2024 Nobel Prize in Economics for their work on: