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"This suggests the rouble is 52.1% undervalued." It could also suggest Russian people don't like Big Macs as much as US Americans do, which I can confirm. A pr
by amai 5y ago
"This suggests the rouble is 52.1% undervalued."
It could also suggest Russian people don't like Big Macs as much as US Americans do, which I can confirm. A price reflects not only exchange rates but also supply and demand.