Forint is undervalued according to the Big Mac index

According to the the latest Big Mac index, the Forint is undervalued. It needs to strengthen much to find a balance against the euro and the dollar – the vg.hu wrote.

According to the survey of The Economist, the forint is almost 38 percent weaker than it should be compared to the US dollar and 23 percent weaker against the euro, according to the the Big Mac index. (H. J., Világgazdaság Online)