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In Argentina one of the biggest issues with this Index is that if they use the official exchange I may look like that the Peso is way stronger than what actuall
by Jarlakxen 5y ago
In Argentina one of the biggest issues with this Index is that if they use the official exchange I may look like that the Peso is way stronger than what actually it is.
We have a lot of restrictions that prohibit Argentinian's from getting Dollars a that exchange ( only 200 USD a months ). It should be more fair to use the "Dollar Libre" (kind of dollars of the black market) as the exchange rate, which is double the official.
- labcomputer 5y agoActually, the biggest issue with the Big Mac Index in Argentina, is that the government tried to regulate the price of Big Macs specifically to manipulate the index!