Egyptian pounds is super cheap

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 Egyptian pounds is super cheap

BurgernomicsThe Economist has published its bi-annual update of one of our favorite pieces of data analysis: the Big Mac Index. Apart from telling you how much a McDonalds burger will cost on your winter vacation, it’s also a lighthearted test of the economic theory of purchasing power parity (PPP) — the idea that exchange rates should settle at a place where identical goods and services cost the same in every country.

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