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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 

 Tay Peck Gek

Tay Peck Gek

Published Fri, Mar 29, 2024 · 02:00 PM
    • FILE PHOTO: Toy figures of people are seen in front of the displayed Netflix logo, in this illustration taken January 20, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
    • FILE PHOTO: Toy figures of people are seen in front of the displayed Netflix logo, in this illustration taken January 20, 2022. REUTERS/Dado Ruvic/Illustration/File Photo REUTERS

    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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