The Argentine weight is the most overvalued currency in Latin America and second worldwide behind Switzerland, in the Big Mac index ranking.
The economic model of Argentina has a collateral damage that is increasingly agigated: the appreciation of the weight and its increase in dollars This is reflected in the Big Mac index, created by The Economist as a world parameter of coins. There, our country appears on the cusp of the ranking of Latin America and second internationally, according to an indicator update.
In Argentina, the Big Mac It costs $ S6.95, while in the United States, US $ 5,79. According to this index of The Economist, The weight is 20% overvalued.
Exchange appreciation
The Argentine currency was strengthened because the controls of the Official exchange rate controlled by the BCRA increased but well below the inflation Three digits, which raised the relative cost of goods.
Precisely, Argentina’s dollars in dollars is one of the factors that hundreds of thousands of Argentine tourists mobilized this summer to the beaches of neighboring countries such as Brazil and Chile.
Worldwide, Swiss continues to lead the Big Mac Index. While, at the regional level, they follow Uruguay, Mexico and Colombia. In Brazil, With the historic depreciation of the real, the hamburger slope U $ S4,49.
Source: Ambito
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