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In other words according to the Big Mac Index, the US dollar is cheap in Uruguay and well below what is considered the long term “equilibrium point”. The Big Mac Index was created by The ...

The national currency is the most devalued local currency in Latin America, according to the Big Mac Index published by the British media The Economist. This is a report called the Big Mac Index ...

The big mac index was invented by The Economist in 1986 as a lighthearted guide to whether currencies are at their “correct” level. It is based on the theory of purchasing-power parity (PPP ...

The Big Mac Index was first used by The Economist in 1986 to illustrate purchasing power parity between nations, as a way to see how far from a global average currencies are to determine the ...

According to the Big Mac index from The Economist, the priciest Big Mac in the world is in Europe. Here's what else this fast ...