KUALA LUMPUR: The ringgit exchanged somewhat higher against the US dollar today on enhanced purchasing premium and notwithstanding a decrease in worldwide raw petroleum costs, merchant said. At 9 am, the nearby unit enhanced against the greenback at 4.4550/4600 from 4.4580/4700 on last Friday.
Worldwide unrefined petroleum costs declined assist in the midst of worries over the result of the current week's meeting of the Organization of Petroleum Exporting Countries (OPEC). Brent Crude was at US$46.40 per barrel, down 84 pennies, while US West Texas Intermediate (WTI) unrefined fell 74 pennies at US$45.32 per barrel.
In the interim, the ringgit was lower against other significant monetary forms.
The nearby unit exchanged lower against the Singapore dollar at 3.1285/1325 from 3.1090/1191. It declined against the yen to 3.9653/9701 from last Friday's 3.9174/9283.
The ringgit was additionally lower against the euro at 4.7334/7392 from 4.7023/7154 and weaker against the British pound at 5.5576/5652 from 5.5475/5643.
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