The iPod International Currency Index

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Snad writes "The BBC is reporting that an Australian bank has adopted the price of Apple's iPod as a means of tracking international currency values. Similar to The Economist's Big Mac index, this 'iPod index' tracks the price of a 2-GB iPod Nano around the globe and uses purchasing power parity to determine relative currency value. A sample quote: '"The index suggests that the US dollar has ...

Cognac and iPod ban for N Korea
The US bans luxury exports like iPods and fine wines to North Korea over its nuclear bomb test last year.

New iPod index to push out the Big Mac
AS IT approaches its 21st anniversary as a tongue-in-cheek barometer of global exchange rate trends, the Big Mac may be usurped by a 21st century phenomenon the iPod nano.