At 9.06 am, the local currency stood at 4.1040/1100 against the greenback, compared with yesterday’s close of 4.1140/1190.
Axi chief global market strategist Stephen Innes said the broader global markets -- including crude oil trading -- are reveling in the afterglow of COVID-19 vaccine optimism.
At 9.40 am, Brent crude oil rose by 0.71 per cent at US$44.13 per barrel.
Against other major currencies, the ringgit was traded mostly higher.
It rose against the Singapore dollar to 3.0518/0564 from 3.0562/0604 yesterday, improved against the yen to 3.9284/9345 from 3.9350/9405 and strengthened against the euro to 4.8678/8765 from 4.8722/8798.
However, the local note declined vis-a-vis the British pound to 5.4247/4334 from 5.4185/4268 on Monday. - Bernama
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