Trademagazin > News and articles > Market News > Big Mac index: the Swiss franc is the most overvalued currency in the world
Big Mac index: the Swiss franc is the most overvalued currency in the world
he forint is one of the most undervalued, but the Swiss franc is the most overvalued currency in the world – on the basis of Economist’s latest Big Mac index.
The leading London economic weekly, uses this evaluation tool since 1986. The most expensive country is still Switzerland, where the price of a Big Mac now – on the basis of the January 11 exchange rate is equivalent to 6.81 USD, compared to the average price of 4.20 USD, measured in the United States.
Related news
More related news >
Related news
Corner stores are slowly disappearing: 22,000 stores have disappeared in four years
By the end of 2024, more than 5,200 retail stores…
Read more >Summer rejuvenation requires conscious decisions
Summer vacation is about recharging – or so it would…
Read more >NMHH: streaming services are more popular in households with children
Families with children spend significantly more on communications services than…
Read more >