The current exchange rate of the euro to us dollar in the foreign exchange market at the moment:
EURUSD = 1.08462
Online chart of euro to US dollar quotes in the foreign exchange market in real time is available here.
The Big Mac Index or how much is a dollar?
How can you find out whether the currency is undervalued or overvalued? You can assess the Big Mac Index in a certain country.
“Burgernomics” is not an absolute indicator of the currency disparity. But the index has become a global standard; it is included into some textbooks on economics and…
Read full author’s opinion and review in blog of #LiteForex