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
According to the GVH’s investigations, retail is not the culprit in price increases.
It is not the retail trade that is responsible for…
Read more >Back to school: families plan with an average of 50-75 thousand forints
According to a recent survey by REGIO JÁTÉK, starting school…
Read more >Hungarian pork foreign trade: dramatic decline in the first five months
While the world’s major pork markets – such as the…
Read more >