Saturday, October 31, 2009

Over $5 for a Big Mac! Iceland's economy hit hard

The whole world has been hit hard by this recession but Iceland has been hit extra hard.

The value of there currency the Krona, has dropped over 70% since 2008. To but it in simple turns the cost of Big Mac in Iceland would be 650 krona or $5.50 in US dollars.

No comments: