Business

Ringgit opens slightly higher on US dollar weakness

Potential extension of Opec output cut also affects currency

Updated 5 years ago · Published on 30 Nov 2020 9:40AM

Ringgit opens slightly higher on US dollar weakness — The ringgit was traded at 4.0630/0680 against the greenback today. – November 30, 2020

KUALA LUMPUR – The ringgit opened slightly firmer against the US dollar today, benefiting from the continued greenback weakness and potential extension of the Organisation of the Petroleum Exporting Countries’ (Opec) output cut.

At 9.01am, the local note was traded at 4.0630/0680 against the greenback from last Friday’s close of 4.0670/0710. – Bernama, November 30, 2020

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