2 ms·
OK, you could in theory, but it'd be stupid to base your currency on a country you just separated from, unless you wanted to be completely beholden to their eco
by mibbitier 14y ago
OK, you could in theory, but it'd be stupid to base your currency on a country you just separated from, unless you wanted to be completely beholden to their economic policy.
- rmc 14y agoLots of countries do it. Ireland got independence from UK and pegged the currency for 50 years. When a country gets independent their economies are often quite tightly tied already, so the smaller country is often beholden to the larger country already.