Big Mac Index

[Naked shorts]

Surely then that doesn't make it undervalued, it means it is valued correctly based on the low interest rate!

Yeah you have a good point hahah

 

[Timmy]

Wow. 2 years since the last Big Mac Index table posted.
Lot of Big Macs under the bridge since then.
Click on table for bigger pic.



(When viewing the Big Mac index, its helpful to know a little about the Purchasing Power Parity model of exchange rate valuation. Eg. strengths, weaknesses etc.).

From July 22, 2010 article:
http://www.economist.com/node/16646178?story_id=16646178

 

[drsmith]

$A3.45 to $A4.35 in two years equates to an annual inflation rate of 12%. in $US it's worse at 14% pa.