Ringgit opens higher on firmer oil prices


KUALA LUMPUR: The ringgit opened higher against the US dollar for the third consecutive day, riding on the firmer crude oil prices fuelled by the Organisation of the Petroleum Exporting Countries+’s (OPEC+) production decision.

At 9.01 am, the local unit was traded 120 basis point higher at 4.0610/0670 against the greenback from 4.0730/0750 at Thursday’s close.

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ringgit ,  Axi , Stephen Innes , OPEC , oil price

   

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