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
“Bite-sized Stories: Tales Without a Leftover” – Nébih announces a story writing competition
The National Food Chain Safety Office (Nébih) has announced its…
Read more >AM: FAO also plays a huge role in overcoming crises affecting the region
International organizations have a major role to play in overcoming…
Read more >Informal consultation of FAO European and Central Asian member countries in Hungary
International organizations have a major role to play in overcoming…
Read more >