Hypervigilant Observer

Following 45 GROWTH/EMERGING Markets: MEXICO, BRASIL,LATIN AMERICA,EASTERN EUROPE, RUSSIA, EUROZONE...from AUSTIN,TEXAS...with Freely Accessible, Reputable...ENGLISH LANGUAGE LINKS: Energy...Currencies...Crime... Tourism...Politics...Economics. HOARDING News Links...Since JUNE 2009...AD FREE.

Search This Blog

Subscribe To

Posts
Atom
Posts
Comments
Atom
Comments

About Me

View my complete profile

Popular Posts

  • VENEZUELA: China Will Help Finance 3 New Power Plants For $520 Million In Oil.
  • POLAND: Palikot Already Stirring The Parliamentary Pot...With Request To Remove Crucifix.
  • SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
  • BRASIL: The Drug Crack Invades Slums...So-Called "Cracolandias."
  • CHILE: Navy's Touring Tall Ship...Has Sordid Past.
  • HONDURAS : 4 Nov. UPDATE: 176 Police Arrested For Corruption; Lobo Sacks His Top Cops...Sends Troops Into Sula, Tegucigalpa.
  • COLOMBIA: Santos OKs Destruction Of Rebel Houses.
  • MEXICO : 09 May UPDATE: Gas Tanker Explodes On Ecatepec Highway, Killing 24, Injuring 36.
  • USA / COMMODITIES: Severe Drought Means Popcorn Prices Will Pop-up.
  • MEXICO: 2 Girls Scale U.S. Border Fence... In Under 18 Seconds.

29 July 2011

BRASIL: Big Mac Index Ranks...The Real...Most Overvalued Currency Vs Usd.

                                ECONOMIST


    25 years ago, The Economist magazine created the Big Mac Index.
    In the latest issue, it claims Brasil's real is the most expensive currency in the world...149% above the usd price for a Big Mac.
    A Rio Big Mac costs the equivalent of $6.16...while the USA price is only $4.07.
    Colombia's peso comes in 2nd...108% above the USA price.
    Like others, the magazine claims Argentina is fudging results by not revealing real inflation rates.
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Newer Post Older Post Home