KUALA LUMPUR: The ringgit recovered at Monday opening following a glimmer of hope for the oil market as this week’s Organisation of the Petroleum Exporting Countries (OPEC) meeting could put in motion efforts to scale back the massive output cut agreement, a dealer said.
As at 9 am, the local unit strengthened to 4.2600/2650 against the greenback from Friday’s close of 4.2650/2690.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!