Big Mac Index
- Author
- CRA GROUP
- Published
- Fri 27 Jan 2023
- Episode Link
- https://businesstech.co.za/news/finance/659903/the-real-value-of-the-rand-in-2023-according-to-the-big-mac-index/?utm_source=everlytic&utm_medium=newsletter&utm_campaign=businesstech
Based on differences in GDP per capita, the index suggests the rand is 36.4% undervalued and should be at around R10.94 to the dollar.
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