KUALA LUMPUR: The ringgit was higher at Thursday's opening on positive market assessment that gave it the support, a merchant said.
At 9 am(0100gmt), the nearby unit was exchanged at 4.4480/4520 against the greenback from 4.4510/4540 on Wednesday.
A merchant said news that the oil cost was relied upon to go up to US$70 per barrel has made a positive energy and this has profited the oil sending out nations including Malaysia.
"Notwithstanding, merchants may keep their eyes open after the as of late closed US Federal Reserve's approach meeting, which kept the possibility of a March rate increment in place," the merchant said.
Against a wicker bin of real monetary standards, the neighborhood note was exchanged blended.
It fell against the Singapore dollar to 3.1417/1450 from 3.1365/1406 on Wednesday and debilitated versus the euro to 4.6931/6991 from 4.6776/6812 yesterday.
Opposite the yen, the ringgit rose to 3.9290/9336 from 3.9334/9371 yesterday, while versus the British pound it enhanced to 5.5311/5378 from 5.5366/5421 on Wednesday.
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