The hryvnia is undervalued by 61%, according to the latest ‘Big Mac Index’

Monday, July 15, 2019
The hryvnia is undervalued by 61%, according to the latest ‘Big Mac Index’

The hryvnia is undervalued by 61%, according to the latest ‘Big Mac Index’ maintained by The Economist magazine. Based on the hamburger price, the real purchasing power rate of the currency should be about 10 hryvnia to dollar, not the current 26 hryvnia to the dollar.

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