The Index compares the price of McDonald's Big Mac burger in different countries to determine the 'real' value of a currency.

Across much of Asia, currencies appear undervalued, with Taiwan standing out. In Japan, the yen is undervalued by about 50.5%, while in South Korea, the won is undervalued by roughly 38.9%, based on ...

The index implies that the US dollar should cost less than R9 – ‘that's the danger of using just one product, but however you ...

If you ever needed proof that economics loves a plot twist, it’s this: a burger is trending as a currency indicator.

South Africa's rand is currently trading near or within the range many economists consider its "fair value", but the latest ...