Ringgit strengthens against US dollar as rising oil prices lift sentiment

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KUALA LUMPUR: The ringgit finished stronger against the US dollar today, supported by rising oil prices which benefitted Malaysia as an oil exporter.

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At 6 pm, the ringgit rose to 4.4670/4715 versus the greenback from 4.4845/4900 at Tuesday’s close.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaIndonesiaJapanSingapore

Topics: Oil prices Forex Stephen Innes /Business/Business News US dollar Ringgit Mohd Sedek Jantan

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-26 @ 19:11:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 333 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24672025

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 43 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 25 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #22

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