Posts tagged 'RUB'
Mini Mac Trumps the Big Mac20th January 2017
Mini Mac Trumps the Big MacPosted on January 19, 2017 10:28 am by Benn Steil and Emma Smith of the Council on Foreign RelationsThe “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s famous Big... read more
Most Traded Currencies in 20164th January 2017
Have you ever wondered which currencies receive the most trading action? The data for the following chart comes from a survey done every three years by the Bank of International Settlements (BIS).Note that trading volume adds up to 200%, because each currency trade has a pairing.Chart courtesy of: DatashownThe Chinese yuan is now the 8th most... read more