Stabilising oil prices has led to renewed buying interest in the Malaysian ringgit and a higher opening against the US dollar. ― Picture by Sayuti Zainudin
At 9.02am today, the local note was quoted at 4.3450/3600 compared with Friday’s close of 4.3610/3690.AxiCorp global chief market strategist Stephen Innes said the ringgit is in the midst of a tug of war between stabilising oil prices and heightened United States -China trade tension.
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