Inflation is a measure of the increase in the general level of prices for goods and services in an economy over some time. A rise in inflation can lead to a depreciation in a country’s currency as investors seek refuge in other, more stable currencies. The Monetary Authority of Singapore’s January 2022 inflation forecast was lifted to 2.5 – 3.5%. With the ongoing crisis in Ukraine economists are still predicting the same growth trend for Singapore but admit that the ongoing conflict clouds the outlook on inflation hikes. The impact of inflation on the FX market is not limited ...Read more

Related Tags

Read More