Strong oil prices lift ringgit at opening


KUALA LUMPUR: The ringgit climbed 50 basis points (bps) against the US dollar at the opening, fuelled by strong crude oil prices which rose nearly 5.0 per cent overnight due to rising demand.

At 9.01am, the local note was higher at 4.1220/1250 against the greenback from 4.1270/1300 at Wednesday's close.

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Ringgit , Axi ,  Stephen Innes , US dollar , Crude oil

   

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