Russian Ruble Is World’s Most Undervalued Currency on Big Mac Index

Share This Post

(The Moscow Times)

The ruble’s slump in 2020 means Russia now has the cheapest Big Macs in the world, according to The Economist. Based on market exchange rates, the Russian currency should be worth three times more against the U.S. dollar — 24 rubles per $1, rather than the 73.8 the currency was trading at Wednesday.

Subscribe To Our Newsletter

Get updates and learn from the best

More To Explore

Do You Want To Boost Your Business?

drop us a line and keep in touch

Scroll to Top