Ringgit opens higher thanks to crude recovery

Analyst says local note’s price sensitivity continues to follow global crude prices. FMTNews Ringgit Currency Crude

KUALA LUMPUR: The ringgit opened higher against the US dollar today in tandem with the recovery in global crude oil prices.

The international benchmark Brent Crude was up 3.71% to US$21.19 a barrel as Opec+ cuts on output provided some support.

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