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exchange-rate theory

Coverage of exchange-rate theory in the Nexus archive.

Earliest in view: Jul 30 · 10:03 UTCMost recent: Jul 30 · 10:03 UTC

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BUSINESSJul 30 · 10:03 UTCTHE ECONOMIST
Despite 40 years of our Big Mac index, currencies are still mispriced
The article discusses how currencies remain mispriced despite 40 years of the Big Mac index, suggesting that three McDonald’s trips offer a simpler alternative to understanding exchange-rate theory.