Abstract
This paper analyzes the key drivers for the change of the Singapore dollar and makes predictions for its future trend. First, the author focuses on trade by discussing the GDP and current account of Singapore, mainly in terms of services. Second, the author focuses on inflation by discussing the current situation of inflation and Monetary Authority of Singapore’s monetary policy. In the end, the author forecasts that the exchange rate of the SGD against the CNY is expected to fluctuate in the short-time and strengthen in the long-time.
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