EPISODE · Aug 8, 2023 · 2 MIN
What does the Big Mac index say about the rand?
from Die ekonomie minuut · host Waldo Krugell
The Economist magazine's Big Mac index was all over the news yesterday. This shows that the rand is 49.7% undervalued against the dollar. The exchange rate should be around R8.94 against the dollar. But what does that mean? This episode is supported by the NWU Business School. Errors and omissions are my own.
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