In an article about the recent exchange rate fluctuations, The Economist presents the following figure:
According to Big Mac Parity, the Swiss Franc has been overvalued relative to the US dollar by 40% to 100% for 25 years.
Dirk Niepelt
πάντα ῥεῖ
In an article about the recent exchange rate fluctuations, The Economist presents the following figure:
According to Big Mac Parity, the Swiss Franc has been overvalued relative to the US dollar by 40% to 100% for 25 years.