KUALA LUMPUR: The ringgit continued its upward momentum against the greenback today, supported by better than expected exports data. At 9am, the ringgit was up to 4.1750/1790 against the greenback from 4.1800/1840 at yesterday's close. "Electrical and electronics exports recovered into a growth of 3.9 per cent year-on-year after falling 1.9 per cent in March 2019," it said. At 9am, the benchmark Brent crude was recorded at US$61.99 per barrel, compared with US$71.18 per barrel two weeks ago. On the domestic front, the Mubarak celebrations will result in thin liquidity in the market, it added in a note.

Source: The Star June 04, 2019 02:15 UTC