Home » Business » The Economist considers the Russian ruble the world’s most undervalued foreign money – 2024-06-16 16:14:10

The Economist considers the Russian ruble the world’s most undervalued foreign money – 2024-06-16 16:14:10

/ world right this moment information/ The worth of the Russian ruble is 70% beneath its honest price

The ruble stays considerably undervalued towards the greenback in keeping with new knowledge from the Huge Mac Index. It permits the buying energy of the foreign money to be estimated based mostly on the worth of a Huge Mac hamburger within the McDonald’s quick meals chain, reviews The Economist.

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