KUALA LUMPUR: The ringgit opened firmer against the US dollar today on renewed buying interest, tracking the steadier oil prices, said an analyst.
Locally, the analyst also said Malaysia’s positive trade performance data for March 2021, coupled with the resumption of economic activities and global stimulus spending helped lift the sentiments for the local currency. Meanwhile, the US Federal Open Market Committee has decided to maintain its policy interest rate near zero following its meeting on Wednesday.
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