Investors Forum |
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07-20-2009
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,505
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NZ dollar undervalued - on Big Mac index
According to "burgernomics", the New Zealand dollar is undervalued.The latest Economist magazine's Big Mac Index rates the NZ dollar as 14 per cent undervalued.The index is a guide to how far currencies are from fair value...
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