-350 pips or a discount of 2.55% relative to

Sanjib Ghosh works in the International Investment department of Temasek Holdings of Singapore. Temasek plans to invest in the US in 6 months because the interest rate in the US is expected to be 3% higher per annum than the rate in Singapore. To avoid exchange rate risk, Sanjib is interested in entering a forward contract today to buy 30 million USD in 6 month. He asks DBS for a six-month forward exchange rate of SGD/USD and obtains two quotes from DBS: -350 pips or a discount of 2.55% relative to the spot rate. Sanjib has no clue about the SGD/USD spot rate and thus is very confused. Can you help him to figure out the forward rate that he is looking for? Round your answer to four decimal places