Do currencies dictate the cost of living?
Deutsche Bank's Mapping the World's Prices report provides a fascinating overview of the cost of living in the world's major metropolises. This year's edition, published on June 24, covers more than 69 cities and highlights striking dynamics in the cost of living and the crucial role of currencies in the hierarchy of the world's cities.Let’s take a closer look at where life is cheapest, where it’s painfully pricey, and how currency movements are drawing the map.Most expensive metropolises: A matter of strong currenciesThe United States and Switzerland dominate almost every...