Big Mac Index

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  The REAL Value Of The Rand – According To The ‘Big Mac Index’

  07 Aug 2023 by Maya-Rose Torrao / No Comments

  In 1986, The Economist invented the concept in order to find a way to compare purchasing-power parity (PPP) across the world. Basically, it’s a clever way to see if currencies are at a “correct” level, using a fast food product that can be found in every country.

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