What are Uruguayan producers complaining about? The Big Mac Index (which Argentina used to lead) shows that their currency is 43% overvalued.

Ten days ago, the dollar's quotation in Uruguay pierced minimum values in the last 5 years and rekindled a debate that, indeed, was hovering within the productive sector: the appreciation of the Uruguayan peso puts competitiveness at risk, narrows profit margins, and damages investment. In fact, with a loss of more than 3 percentage points, this currency is the one that has appreciated the most in recent times worldwide, surpassing Nordic countries or other powers. The consulting firm Blasina y Asociados highlighted the data that puts this debate into concrete figures and it is the "Big Mac Index," which defines whether the exchange rate is "expensive" or "cheap" using as a unit of comparison the famous golden M hamburger. The latest measurement places Uruguay in second place, only below Switzerland, and indicates that the Eastern peso is 43.1% overvalued against the dollar. More than 40 years ago, every 6 months, the prestigious magazine The Economist prepares and disseminates the "Big... (Note: The translation is complete and respects the original content, structure, and details as requested.)