CURRENT

Ringgit higher against US Dollar in early session

9 Apr 2020, 1:33 AM

KUALA LUMPUR, April 9 — The ringgit traded higher against the US dollar in the early session today lifted by improved global sentiment in the equities and commodities market ahead of Organisation of Petroleum Exporting Countries (OPEC) meeting later today.

At 9.03 am, the ringgit was quoted at 4.3300/3400 against the US dollar compared with Wednesday's close of 4.3450/3545.

AxiCorp global chief market strategist Stephen Innes said given the recent correlation of ringgit to oil prices and global risk sentiment the local currency should have a favourable day today.

— Bernama

What do you think?

Latest
MidRec
Media Selangor
About Us

Media Selangor Sdn Bhd (MSSB), a subsidiary of Menteri Besar Selangor Incorporated (MBI), is the official media agency of the Selangor State Government. In addition to the Media Selangor news portal (formerly known as Selangorkini & Selangor Journal), Media Selangor also publishes newspapers in Mandarin, Tamil, and English.