tag:blogger.com,1999:blog-16264003691028288592024-03-05T19:07:47.379+08:00Bursa Malaysia (KLSE) Daily Info Edge ZoneMalaysia Forex | KLSE Index | FTSE KLCI | Bursa Malaysia | MayBank Forex | Malaysia Stock Trading | Malaysia ShareUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1626400369102828859.post-48874417768713038222009-07-27T10:48:00.003+08:002009-07-27T11:03:06.650+08:00Malaysia Big Mac Is The Cheapest In US DollarThe <b>Big Mac Index</b> is published by <i><a href="http://en.wikipedia.org/wiki/The_Economist" title="The Economist">The Economist</a></i> as an informal way of measuring the <a href="http://en.wikipedia.org/wiki/Purchasing_power_parity" title="Purchasing power parity">purchasing power parity</a> (PPP) between two <a href="http://en.wikipedia.org/wiki/Currency" title="Currency">currencies</a> and provides a test of the extent to which market <a href="http://en.wikipedia.org/wiki/Exchange_rate" title="Exchange rate">exchange rates</a> result in goods costing the same in different countries. It "seeks to make exchange-rate theory a bit more digestible".<sup id="cite_ref-0" class="reference"><a href="http://en.wikipedia.org/wiki/Big_Mac_Index#cite_note-0"><span></span><span></span></a></sup> <p>The index takes its name from the <a href="http://en.wikipedia.org/wiki/Big_Mac" title="Big Mac">Big Mac</a>, a <a href="http://en.wikipedia.org/wiki/Hamburger" title="Hamburger">hamburger</a> sold at <a href="http://en.wikipedia.org/wiki/McDonald%27s" title="McDonald's">McDonald's</a> restaurants.</p><p><a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_Gepabi82OHI/Sm0Wa0ObJRI/AAAAAAAABog/UT88VycHyc0/s1600-h/BIG-MACC.gif"><img style="margin: 0px auto 10px; display: block; text-align: center; cursor: pointer; width: 261px; height: 400px;" src="http://2.bp.blogspot.com/_Gepabi82OHI/Sm0Wa0ObJRI/AAAAAAAABog/UT88VycHyc0/s400/BIG-MACC.gif" alt="" id="BLOGGER_PHOTO_ID_5362967381219681554" border="0" /></a></p>In Malaysia we all enjoy Big Mac is the cheapest in USD. This index also show that Malaysia Ringgit is undervalue again US Dollar and will help Malaysia export market.<br /><br /><img alt="http://jambanwangi.files.wordpress.com/2008/09/bigmac.jpg" src="http://jambanwangi.files.wordpress.com/2008/09/bigmac.jpg" />Unknownnoreply@blogger.com1