Web Problem: Go to www.oanda.com/currency/ big-mac-index . Oanda reports the last available Big Mac index but then

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Web Problem: Go to www.oanda.com/currency/ big-mac-index . Oanda reports the last available Big Mac index but then updates the exchange rates on a regular basis to compare them with the PPP-based exchange rates. What are currently the most undervalued and overvalued exchange rates? How would you use this information in forecasting exchange rates?

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International Financial Management

ISBN: 978-0132162760

2nd edition

Authors: Geert Bekaert, Robert J. Hodrick

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