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Singapore and Zurich tie for top ranking among world's most expensive cities

  • Singapore and Zurich tied for the top spot in the most expensive cities ranking, while New York dropped to third place.
  • Singapore regained its position at the top of the rankings due to high price levels in various categories, including transport, clothing, groceries, and alcohol.
  • Chinese and Japanese cities experienced a significant drop in the rankings due to the weakening of the Chinese yuan and Japanese yen.
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Financial Post broke the news in Canada on Thursday, November 30, 2023.
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