One snag in applying this theory is finding exactly the same things to purchase in both countries. McDonald’s solves that ...

A Big Mac costs $5.79 in the U.S. but only $3.52 when converted from yuan in China, according to the latest data. The 40% price gap suggests China’s currency could be undervalued, lending credence to ...

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 created by The Economist financial magazine, published every six months, and is a quick reference to have an idea if the different currencies are at a “correct” level.

Big Mac prices in Turkey have hit record highs again. Inflation and currency changes have made it one of the most expensive ...