Rate Of Return
Total AssetsPPP theoretical exchange rate is much higher than the actual exchange rate (countries with the most undervalued currencies):
India: undervalued by 78
Egypt: undervalued by about 57-58%
Indonesia: undervalued by about 57%.
Taiwan: undervalued by about 60%
South Africa, Philippines, Vietnam, etc.: undervalued by more than 50%
China: undervalued by about 40-50%
Russia, Indonesia, and other emerging markets
Everyone, go long on the currencies of these countries, haha!
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