against the vehicle currency is expected to promote the imports, but the effect of revaluation the export country's currency …-trade dataset between China and Singapore over 21 years or 252 months, we provide strong empirical evidence to our model. This paper …

Singapore as a case study, it explores the Monetary Authority's adoption of the exchange rate as the primary tool since 1981 … function aligns well with actual deviations, supporting the hypothesis that Singapore's forward-looking policy rule effectively …