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Burgeronomics: Big Mac index suggests rupee is undervalued by over 40%

A burger in India costs considerably less than peer economies

Topics
Indian rupee | Big Mac Index | Rupee vs dollar

Sachin P Mampatta  |  Mumbai 



burger
The index calculates undervaluation based on the difference in prices between a Big Mac in the US compared to its price in other countries.

An index that illustrates currency valuation using the price of a McDonald’s burger points to increasing undervaluation of the relative to the dollar.

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First Published: Fri, January 27 2023. 19:30 IST

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