Brazil’s currency the most overvalued: anywhere from 52% to 149% vis-à-vis the US dollar

Tuesday, August 2nd 2011 - 06:53 UTC

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The Brazilian Real is the world's most expensive currency and is 149% overvalued against the dollar and the Colombian peso, the next most expensive currency is 108% above the US currency, according to British magazine The Economist, which has created a new version of the Big Mac index. Read full article

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ManRod
the chilean peso undervalued? Strange... Chilean industry/exporters are crying all the time that the peso is too strong against the dollar...
Aug 02nd, 2011 - 12:22 pm - Link - Report abuse 0
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