Ringgit opens higher on rising oil prices


KUALA LUMPUR: The ringgit opened higher against the US dollar in early trade today on improved sentiment towards the currency, coupled with rising oil prices, a dealer said.

At 9.04 am, the local note rose to 4.1760/1780 versus the greenback from Friday's close of 4.1890/1930.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Ringgit , Open , US dollar , US Fed , Tapering , Oil

Next In Business News

WEF flags economic downturn, inflation, asset bubbles as key risks for Malaysia
Capital A disposes of 17 million AirAsia X shares for RM28.05mil
Sunview proposes private placement to raise RM19mil
AirAsia X says no decision yet on renaming to AirAsia on Jan 19
Atlan flags challenging 4Q26 as 3Q profit plunges
Focus Point joins Bursa Malaysia Quality indices
Ringgit rises 0.2% against US dollar at close
BHIC partners with French DCI to explore defence collaboration
TNB signs Energy Wheeling Agreement
WTK seeks shareholders’ approval for RM555mil plantation acquisitions

Others Also Read