Ringgit ends higher against US dollar | Malay Mail

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KUALA LUMPUR, April 7 — The ringgit closed higher against the US dollar today as oil prices continued to rise in anticipation of a production cut agreement by the Organisation of the Petroleum Exporting Countries (Opec) on Thursday, said an analyst. At 6pm, the local unit was pegged at...

A Malaysia Ringgit note is seen in this illustration photo June 1, 2017. — Reuters pic

OANDA senior market analyst Jeffrey Halley said in general, the sentiment in the financial markets is positive, as news that the worst might be over for Covid-19 continue to come in from Europe and the United States. Halley added that although the sentiment may turn out to be premature, there is no doubt that the financial markets are starting to show signs of recovery.

 

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