How the lens of Netflix gives foreign exchange a new look
The so-called Netflix Index allows one to gauge whether a currency is considered overvalued or undervalued
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Tay Peck Gek
A “CRACKDOWN” by Netflix to stop subscribers from taking advantage of its cheaper pricing in some countries has some viewers checking online for solutions.
Many posters in Reddit forums describe how they have set up Netflix accounts in countries that they do not live in – such as Turkey, Nigeria and Egypt – where subscription pricing is a fraction of the cost compared with their resident countries.
Charges for a monthly subscription in these countries are among the lowest of the 244 countries and territories where the streaming service is available – at less than US$8 a month.
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