Recent rise in crude prices strengthening the ringgit
PETALING JAYA: The continued spike in crude oil prices has strengthened the ringgit further against the US dollar.
Yesterday, the international benchmark Brent crude oil soared to US$63.52 per barrel a day, the highest in 13 months, as fears of heightened tensions in the Middle East, as well as hopes that a US stimulus and an easing of lockdowns will boost fuel demand this year.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
