Ringgit higher against US dollar on rising oil prices | Malay Mail

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KUALA LUMPUR, April 2 — The ringgit traded higher against the US dollar today, lifted by rising oil prices and on reports saying that China plans to buy oil for its state reserves, an analyst said. At the 6pm closing, the ringgit was quoted at 4.3480/3550 against the US dollar compared with...

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

At the 6pm closing, the ringgit was quoted at 4.3480/3550 against the US dollar compared with Wednesday’s close of 4.3500/3650. “China is also planning to announce the fourth batch of strategic reserve sites,” Innes said in a note today.

 

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