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Igor

Big Mac PPP Definition

By Igor, in Trading Dictionary

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Igor    10

Igor
Posted

The Big Mac PPP is used my many fundamental forex traders to determine whether or not a country's is properly valued. *When using the actual exchange rate between two nations, the cost of a Big Mac is used to calculate the relative performance of the forex rate. *If the cost of a Big Mac is more expensive than the cost in the US, that currecy will be viewed as overvalued.

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