Ringgit tracks crude oil prices higher


KUALA LUMPUR: The ringgit opened slightly higher against the US dollar today, tracking higher crude oil prices.

At 9.11 am, the local note appreciated to 4.1800/1835 versus the greenback from 4.1835/1850 at Thursday’s close.

At the time of writing, Brent crude advanced 0.18 per cent to US$91.27 per barrel.

Meanwhile, the ringgit was traded mostly lower against a basket of other major currencies.

It eased against the Singapore dollar to 3.1104/1132 from Thursday’s close of 4.1835/1850 and declined versus the euro to 4.7865/7905 compared with 4.7207/7224 yesterday.

The domestic unit appreciated against the British pound to 5.6890/6937 from 5.6716/6736 and went up vis-a-vis the Japanese yen to 3.6370/6400 from 3.6458/6474. - Bernama

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
ringgit , opening

Next In Business News

Synergy House receives RM7.83mil in U.S. tariff refunds
Enest remains upbeat on bird's nest industry
Sapura Industrial disposes of Melaka land for RM10.5mil
Aemulus secures orders worth RM8mil
CHGP to acquire KL land for RM455mil
Ringgit ends higher against most major currencies, weaker versus US dollar
EITA unit secures RM20.5mil Indonesia data centre contract
Pan Merchant wins RM17mil membrane filtration solutions supply contract
Hektar REIT completes RM30mil acquisition of first industrial asset
Infomina wins RM21mil JPJ contract

Others Also Read