Categories: Business

US Dollar, Pound, Euro Don’t Top List! What’s The Value of INR? Check List

Top 10 Highest Valued Currencies In The World: Did you know that the US dollar, said to be the most widely traded currency in the world and one that is popularly used as a reserve currency, is not the world’s highest valued currency. In fact, with a single US dollar, you can buy just 0.31 units of the world’s highest valued currency – the Kuwaiti Dinar! In fact, even the Euro doesn’t feature in the top 5 ranks! So which are the top 10 highest valued currencies and what is the Indian rupee’s value viz. the US dollar? The strength of a currency is based on several factors such as economic stability, demand and supply dynamics in the forex markets, inflation rates, policies etc. Let’s take a look:

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