Mexican Peso broadly weaker as market sentiment sours
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The Mexican Peso falls versus the US Dollar after the release of US Q1 GDP
data. The Peso had already been weakening as market sentiment
turned negative. ...
14 minutes ago
$1.5M is in today dollar value
ReplyDeleteHi Temperament,
ReplyDeleteShort answer is $305,400/-
Long answer:
From Singstat, 1987 CPI is 58.69 while 2017 CPI is 99.5, giving an inflation CAGR of 1.72% per annum over 31 years. (Must be the cheap stuff from China & globalization)
2018 full CPI not known yet, but from the figures as of Oct 2018, so far is much lower than the average. CPI went from 99.5 to 99.9 ..... 0.4% increase.
S'pore CPI 1987-2017
Notice the steep rise from 2008-2013 ... people were not happy with govt then! :)
If you can super-impose the median wage increase onto the CPI graph, you can easily predict the incumbent's performance during elections Hohoho!