Many travelers are familiar with currency exchange rates and how that translates from dollar to yen, euro, or peso. But there's another metric that puts the relative strength of the dollar in perspective: purchasing-power parity.
In the following video, Fool markets analyst Mike Klesta talks with Fool contributor Dan Caplinger about this under-the-radar metric and offer four countries where the dollar offers a lot of value.
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The article 4 Countries Where U.S. Dollars Go the Farthest originally appeared on Fool.com.Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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