KUALA LUMPUR, June 1 — The ringgit was slightly higher against the US dollar in the early session today on mild demand for the local note, as global oil price increase helped to lift market sentiment towards the ringgit. At 9.10am today, the local note was quoted at 4.3400/3480 against the...
At 9.10am today, the local note was quoted at 4.3400/3480 against the greenback compared with Friday’s 4.3450/3500. — Reuters pic
At 9.10am today, the local note was quoted at 4.3400/3480 against the greenback compared with Friday’s 4.3450/3500. “Higher oil price is positive for Malaysia’s oil and gas revenue. However, gains are capped due to lingering fears or presumption that another wave of global economic weakness may be around the corner,” he added.
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