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.
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