# Nov 27: Ringgit resumes climb against US dollar

> The ringgit opened higher against the US dollar on Nov 27, trading at 4.1130/1170 from 4.1155/1185 the previous Friday. It also firmed against a basket of major currencies, helped by robust demand and positive external factors.

- Date: 2017-11-27 · published 2017-11-27T12:00:00.000Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/68249-nov-27-ringgit-resumes-climb-against-us-dollar
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A firmer ringgit lowers the ringgit cost of dollar-priced palm oil and other Malaysian-linked feed inputs, a mild bearish signal for regional commodity costs. The move is routine and small.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- nst.com.my: https://www.nst.com.my/business/2017/11/307894/nov-27-ringgit-resumes-climb-against-us-dollar

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.