KUALA LUMPUR: The ringgit rebounded from Monday’s dip to open firmer today after the signing of the Memorandum of Understanding (MoU) on Political Stability and Transformation by Prime Minister Datuk Seri Ismail Sabri Yaakob and heads of the Pakatan Harapan component parties yesterday.
The ringgit’s upbeat performance was also fuelled by the stronger crude oil prices after the Organisation of the Petroleum Exporting Countries (OPEC) forecasted demand for the commodity to be strong following rising fuel consumption and output disruptions in the United States (US).
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