At the close, the currency stood at 4.0430/0470 against the greenback from 4.0480/0520, yesterday. KUALA LUMPUR: Oil price rally and US dollar weakness supported the ringgit to close higher for the second consecutive day. At the close, the currency stood at 4.0430/0470 against the greenback from 4.0480/0520, yesterday. Axi chief global market strategist Stephen Innes expected oil to stabilise near the current level as the coronavirus vaccine rollout progresses. — Bernama
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