🔹The cost of the Russian ruble is 70% lower than the fair exchange rate (the most undervalued currency in the world), according to The Economist, based on the Big Mac index, which every year more and more divorces from reality.

Almost all world currencies remain undervalued compared to the dollar. The Russian ruble remains in last place on this indicator: according to the publication, the ruble is underestimated by 70% compared to the dollar. In Russia, the Big Mac costs $ 1.65 (110 rubles), while in the United States it costs $ 5.58 (373 rubles). A year ago, in January 2018, the ruble was underestimated by 57%.

In the penultimate place in the rating of The Economist is the Ukrainian hryvnia: it is undervalued by 65%. And only three currencies in the world are overvalued compared to the dollar - the Swiss franc, the Norwegian krone and the Swedish krone.