The ringgit rebounded from last Friday's weaker close to open higher against the US dollar early Monday, lifted by stronger oil prices, dealers said.
At 9am, the ringgit was traded at 4.1545/1605 from 4.1650/1750 on last Friday.
A dealer said sentiment in the global foreign exchange and equity markets was positive after the United Arab Emirates raised hopes of a coordinated oil production cut, sending prices to a better level, with a 12 per cent jump seen last Friday.
The ringgit also traded higher against other major currencies.
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At 9am, the ringgit was traded at 4.1545/1605 from 4.1650/1750 on last Friday.
A dealer said sentiment in the global foreign exchange and equity markets was positive after the United Arab Emirates raised hopes of a coordinated oil production cut, sending prices to a better level, with a 12 per cent jump seen last Friday.
The ringgit also traded higher against other major currencies.
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