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Podcast: Die ekonomie minuut
Episode: The rand is undervalued (but you can be an optimist about this)
Description: The Economist magazine updated their Big Mac index for 2024 last week and again the rand is undervalued by around 41% against the dollar. The exchange rate should be R11.32 against the dollar. But does any of this matter or make sense? Can someone do something about this?
This episode is supported by Economic Research Southern Africa and the NWU Business School.