2006: Same as 2005
Other highlights of the 2006 Big Mac Index:
- The Swiss Franc is once again the most overvalued currency against the dollar. (57% this year versus 65% in 2005)
- The New Taiwan Dollar is undervalued by 25% (versus 21% in 2005).
- The Euro is overvalued by 11% (down from 17%).
For those interested in the Chinese economy, The New Economist offers a roundup of must-read articles.