Ringgit slightly higher against US dollar in early trade

 Publish date: Tue, 23 Jun 2020, 10:01 AM

KUALA LUMPUR: The ringgit was slightly higher against the US dollar in the early session today as market sentiment for the local note was lifted by higher oil prices.
At 9.18am, the ringgit was quoted at 4.2750/2850 against the US dollar, compared with 4.2770/2850 at the close yesterday.
A dealer said global oil prices have been showing signs of improving on the back of tightening global supplies, with countries opening up their economies.
Meanwhile, the ringgit performed mostly lower against major benchmark currencies except the Singapore dollar, versus which it rose to 3.0621/0704 from 3.0657/0717 yesterday.
The local note decreased against the yen to 4.0028/0133 from 3.9987/9080, declined against the British pound to 5.3211/3344 from 5.3035/3151, and was lower against the euro at 4.8060/8189 from 4.7954/7052. 
 - Bernama
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