​​​​​​​Ringgit rebounds vs US$ in early trade, market stays vigilant

KUALA LUMPUR: The ringgit opened slightly higher against the US dollar this morning amidst cautious market sentiment with a potential gradual US tariff hike and the upcoming release of the US Producer Price Index (PPI) and Consumer Price Index (CPI) later this week.

At 8 am, the ringgit traded at 4.4925/5050 against the greenback versus 4.5080/5120 at yesterday’s close.