The Philippine peso is still undervalued by 50% against the dollar, according to the latest update of the Big Mac Index released by The Economist. As of January 2025, a Big Mac costs $5.79 in the ...

Threats by US President Donald Trump to cut funding to South Africa has sent the rand tumbling—making an already undervalued ...

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 iconic burger, which serves as the foundation of the Big Mac Index – a global measure of purchasing power parity – tells us more about South Africa's economic landscape than most policy ...

The Economist’s Big Mac Index ... Created in 1986, the index was designed as an accessible way to understand purchasing power parity between currencies. While not intended for precise policy ...

President Donald Trump‘s latest trade policy memo could find unexpected support from an unlikely source—McDonald’s (NYSE:MCD) hamburger prices. A Big Mac costs $5.79 in the U.S. but only $3. ...

IN 1986, The Economist introduced “The Big Mac Index”. It is, they say, “a light-hearted guide to whether currencies are at their ‘correct’ level, based on the theory of purchasing-power parity”. It ...

Michael "Jim" Delligatti came up with the idea for a double-decker burger and first introduced it in one of his McDonald's locations in Pennsylvania in 1967. The sandwich soon became a success, and in ...

The Big Mac has become an economic benchmark In 1986, The Economist unveiled the “Big Mac index,” which acts as a “lighthearted guide to whether currencies are at their ‘correct’ level ...