Ringgit opens firmer on crude price rally


KUALA LUMPUR: The ringgit opened firmer against the US dollar, backed by rising crude oil prices amid the higher number of COVID-19 cases in Malaysia.

At 9am, the local note rose slightly by 45 basis points (bps) to open at 4.1850/1890 against the greenback from 4.1895/1940 at last Friday’s close.

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Ringgit , US dollar , Opening , Oil prices , COVID-19 , Malaysia 

   

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