S. Korea’s Big Mac Index Moves down Two Notches to 25th

SEOUL, Jan. 23 (Korea Bizwire) – South Korea’s Big Mac index moved down two notches from six months earlier to the 25th spot, the global index showed Monday, indicating the South Korean won may be more undervalued than it was before.  The average price of a Big Mac hamburger came to US$3.68 in South Korea [...]