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Big Mac Index |
The Hindu Business Line
Jan 17
Comment
If a Big Mac burger from local McDonald’s outlet is taken as a benchmark, India is the place to get it cheapest in US dollar terms, but this analogy also makes rupee the world’s most undervalued c...
Gold Stocks Today
Oct 30
Comment
The Economist’s Big Mac index is a fun guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP), the notion that in the long run exchange rates should move towards the rate that...
Clusterstock
Aug 2
Comment
That the world has a single workaday product with a more or less identical recipe that you can buy in just about every country is a gift to the science of Economics. The Economist's Big Mac Index is an ingenious way to understand Purchasing Power...
Clusterstock
Aug 2
Comment
Again, no relief from debt-ceiling deal.
The dollar is getting smoked again, notably against the Swiss Franc.
Same as it ever was.
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Clusterstock
Aug 1
Comment
After an initial spike, the dollar is flushing again, threatening to hit new lows against the Swiss Franc.
Sure, maybe the existential threat of default is fading, but with the economy weak and DC kneecapped by austerity, this means......
The Economic Times
Aug 1
Comment
India, which makes a debut in the index this week, has one of the most undervalued currencies vis-a-vis the dollar?even more than the Chinese yuan.
Forbes
Jul 29
Comment
Conclusions of Big Mac Index: Brazil?s real is the world?s most expensive currency and yuan, Chinese currency, is not as undervalued as market believes.
Clusterstock
Jul 28
Comment
The Economist uses the Big Mac Index to see if currencies are at the right level. Its based on this theory called purchasing-power parity- the idea that over time exchange rates should move towards the rate that would equalize the prices of a...
Penny Stock DD
May 7
Comment
Purchasing power parity (PPP) states that the price of a good in one country is equal to its price in another country after adjusting for the exchange rate between the two countries.
As a light-hearted annual test of PPP, The Economist has...
Phil’s Stock World
Feb 9
Comment
Courtesy of Tyler DurdenFor all those who were wondering which countries are next to follow in the footsteps (no pun intended) of revolutionary Tunisia and Egypt... there is an app for that. Or should be... But there certainly is now an index. But...
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