Question $18$

$5$ pts

Suppose, the spot rate for one Singapore Dollar is $$0\mathrm{.}61$; inflation is expected to be $2\%$ in U$.$S$.$ and $7\%$ in Singapore next year. What is the U$.$S$.$ Dollar's one$-$year forward rate in terms of Singapore Dollars? $($Round your answer to two decimal point$)$