The bi-annual Big Mac index from the Economist is out! Excepting Norway, Switzerland and Sweden, the worlds’ major currencies are cheap when compared to the US Dollar. This is the result of the combination of the decline in commodities prices as well as the Federal Reserves increase of interest rates in contrast to the economic policy being pursued by the Eurozone in particular. Surprising perhaps, is how undervalued the Russian Rouble sits in the list.

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Find out more on the economist website.

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