Ringgit rises to three-week high as oil holds up above US$52

A customer counts her ringgit notes outside a money changer at the central business district in Singapore August 25, 2015. The Malaysian ringgit hit a fresh pre-peg 17-year low on Monday as sustained worries about Chinas economy dented global risk appetite with European and Wall Street stocks suffering their largest one-day drop in nearly four years. REUTERS/Edgar Su

KUALA LUMPUR: The ringgit rose to a three-week high after crude prices rallied to levels last seen in October, boosting the outlook for Asia's only major net oil exporter.

The currency led gains in emerging Asia after Brent crude jumped more than 2% overnight to levels above US$52 a barrel.