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 ...
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 ...
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