• 11/29/2024

Ringgit Could Strengthen Against Dollar on PCE Data

Wall Street Journal

Emerging signs of U.S. economic weakness could guide the ringgit toward 4.70, but given the dollar’s role as a hedge amid political uncertainty, the market may continue to adopt a wait-and-see approach, Kenanga IB said.

https://www.wsj.com/articles/ringgit-could-strengthen-against-dollar-on-pce-data-aad4ba26