Question: Given the information below, which currency is Dealer 3 overvaluing? Enter your answer as either GBP or SGD. Singapore dollar in US dollars (USD/SGD) 0.73

Given the information below, which currency is Dealer 3 overvaluing? Enter your answer as either GBP or SGD.

Singapore dollar in US dollars (USD/SGD) 0.73
US dollar in British pounds (GBP/USD) 0.79

Dealer 3:

Singapore dollar in British pound (GBP/SGD)

 0.71

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