Wednesday, January 24, 2007

iPods set the tempo in currency

Those who have studied Finance might be aware of this index PPP (Purchasing Power Parity) index. The price of a macdonald's burger is also used as PPP index known as Big Mac Index . Now, As a sign of the global reach of the iPod, an Australian bank has opted to use the music player as a benchmark to track currency values worldwide.
Great going Apple ipod! keep it up!

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