Ringgit opens higher against US dollar
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The ringgit strengthened against the US dollar on November 28, 2024, trading at 4.4325/4450 compared to 4.4440/4465 the previous day; this increase was supported by a 0.91% drop in the US Dollar Index (DXY) to 106.036 points; US core Personal Consumption Expenditures (PCE) inflation rose to 2.8% in October from 2.7% in September, indicating persistent inflation in the US.

#Ringgit #UsDollar #Inflation #CurrencyExchange #Economy #Malaysia

https://www.nst.com.my/business/economy/2024/11/1140742/ringgit-opens-higher-against-us-dollar