An increase in U.S. inflation relative to Singapore inflation places upward pressure on the Singapore dollar.

Name: An increase in U.S. inflation relative to Singapore inflation places upward pressure on the Singapore dollar.
Brand: Quizplus
Rating: 4.8 (38 reviews)

Question

Quizplus · Accepted Answer

When the U.S. inflation increases relative to Singapore, the purchasing power of the U.S. dollar decreases compared to the purchasing power of the Singapore dollar, leading to an increase in demand for Singapore dollars and upward pressure on its value.

An Increase in U