Macro Finance
New Katsu Curry Index Rivals Big Mac Gauge to Show How Weak Yen Really Is
Bloomberg Markets·August 12, 2026·1 min read
A senior strategist at Bank of New York Mellon is using the price of a Japanese fast-food staple, the katsu curry, to get an accurate snapshot of the yen's weakness. The new Katsu Curry Index rivals the Big Mac gauge as the impact of recent intervention fades. The index aims to show how weak the yen really is.
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