February 25, 2013 6:50AM
It found it would take $9.83 to buy a latte in Oslo Norway, compared to $4.82 in Sydney, $4.30 in New York and $2.80 in New Delhi.
In Zurich that cup of coffee would cost $7.12, in Brussels $5.65, in Istanbul it would cost $3.92 and in Mexico it would cost $3.22.
The findings of the Wall Street Journal‘s research show that in countries where the currency is overvalued, the dollar doesn’t go as far.
“It would take more dollars to buy a Starbucks latte in a country with a strong currency like Norway, than in one with a currency that has less buying power like India,” the Journal said.
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