KUALA LUMPUR, April 23 — The ringgit closed higher against the US dollar today, lifted by mild support for the local note amid higher global crude oil price, which was traded at US$74.33 per barrel, up by 0.39 per cent.
He added that the possible interest rate cut would lessen the ringgit forward rate currency premiums and could take a bit of shine of the local currency.It rose against the Singapore dollar to 3.0400/0446 from 3.0442/0490 on Monday but depreciated versus the British pound to 5.3666/3748 from 5.3649/3726.
The local currency surged vis-a-vis the yen at 3.6876/6924 from 3.6898/6946 and improved against the euro to 4.6431/6491 from 4.6454/6506 previously. — Bernama
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