KUALA LUMPUR: The ringgit was higher at the opening, tracking the higher crude oil price currently trading at US$43 per barrel, up by 0.23 per cent, ahead of the virtual joint ministerial monitoring committee (JMMC) of the Organisation of the Petroleum Exporting Countries (OPEC) meeting later today to recommend levels for future supply cuts.
As at 9 am, the local unit strengthened to 4.2630/2680 against the greenback from 4.2680/2720 recorded at Tuesday’s close.
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