PulseAugur
EN
LIVE 00:14:03

New Katsu Curry Index highlights yen undervaluation vs. dollar

By PulseAugur Editorial · [1 sources] ·

A new "Katsu Curry Index" has been developed by Geoff Yu, a strategist at The Bank of New York Mellon, to more accurately reflect the current weakness of the Japanese yen. This index uses the price of katsu curry, a popular dish in Asia, as a benchmark, arguing it provides a better measure of purchasing power parity than the traditional Big Mac Index. Yu's calculations suggest the yen is significantly undervalued against the United States dollar, indicating a need for a stronger currency to align with purchasing power in high-income countries. AI

RANK_REASON The item discusses a new index created by a strategist to measure currency valuation, which is an analytical commentary rather than a direct industry event.

Read on Fortune →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

New Katsu Curry Index highlights yen undervaluation vs. dollar

How we ranked this

Signal score
0 / 100
Composite score across the factors below. Higher = stronger signal that this story matters right now.
Newsworthiness bucket
Commentary
The item discusses a new index created by a strategist to measure currency valuation, which is an analytical commentary rather than a direct industry event.
Source corroboration
Single-source cluster
Only one publisher covered this so far. Single-source stories can still rank when the publisher is high-authority, but they lack cross-source corroboration.
Topics
other
Editorial topic classification. Feeds into how the story surfaces on /topic/<slug> hub pages and into the per-entity coverage mix.
AI-industry relevance
Low
Off-topic or adjacent — cluster remains reachable but doesn't surface in AI-industry rankings.
Story freshness
45 days old
Aged out of breaking-news scoring windows; ranking reflects the durable signal from the full source set.

Full methodology in our editorial standards.

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Bloomberg, Naomi Tajitsu ·

    New ‘Katsu Curry Index’ aims to show how weak the yen really is

    The BNY Mellon strategist's gauge, based on CoCo Ichibanya curry prices, implies the yen should trade near 62 per dollar, not 159.

RELATED ENTITIES

RELATED TOPICS