The ringgit strengthened against the US dollar amid rising global oil prices.
The Malaysian ringgit closed stronger against the US dollar as global oil prices remained high due to ongoing geopolitical tensions in West Asia. Analysts say energy market developments continue to support the currency.
At the close, the ringgit improved to 3.9260/9310 against the US dollar compared to previous levels. Market observers noted that global central bank meetings and oil price trends are influencing currency movements.
Economists expect continued volatility depending on geopolitical developments and commodity prices.
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