The president of the United States announces that he will reduce inflation with a new anti-inflation program.

Question:

The president of the United States announces that he will reduce inflation with a new anti-inflation program. If the public believes him, predict what will happen to the for the U.S. dollar.

Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...