New data released by the Bank for International Settlements (BIS) has revealed that the South African Rand is the 18th most traded currency in the world, while the US dollar ranks supreme.
The Triennial Central Bank Survey, coordinated by the BIS, has been surveying foreign exchange market activity every three years since 1989.
The latest survey of turnover took place in April 2013. Central banks and other authorities in 53 jurisdictions participated in the 2013 survey, collecting data from about 1,300 banks and other dealers in their jurisdictions. about the ranking of the world currencies like USD, EURO, YUVAN etc..
Some special kinds have been taken to judge the value of currencies such as foreign currency exchange, foreign currency net value, share value, gold value etc.....to view about that get from these judgement is from the final approval of US central bank. Currencies are very useful from the place of banks which is the term place for currencies for any government. Banks are also have 2 sectors public and private in INDIA and also the WORLD. overall these result will show you to the best exchange value currency in the world economy also.
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