Purchasing power parity (PPP) is an economic concept that compares the relative value of currencies by examining the cost of ...

then the exchange rate from currency A to Currency B should be 3:4 (or 0.75), assuming absolute purchasing power parity. It’s important to note that actual currency exchange rates are not ...

The net asset value of the Artisan International Value Fund fell by 7.02% during the quarter while the MSCI EAFE Index fell by 8.11%. Read more here.

Olu, governor of Lagos, says the state's gross domestic product (GDP) based on purchasing power parity  (PP) hit $259.75 billion in 2023 -- the second highest in Africa.