Ringgit Jumps 135 Basis Points To 3.96 Against US Dollar At Opening KUALA LUMPUR, April 14 (Bernama) — The ringgit jumped 135 basis points to rebound to the 3.96 level against the US dollar at the opening today, supported by improved global risk sentiment amid expectations of a potential second-round negotiation between the US and Iran. At 8 am, the ringgit appreciated to 3.9600/9715 against the US dollar from 3.9735/9805 at Monday’s close. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said recent developments in the global oil market, following the news that there will be another second-round negotiation between the US and Iran in the near term, have […]

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