The Malaysian ringgit opened higher against a basket of major currencies on Tuesday, while trading nearly flat against the US dollar.

The move followed the release of US Purchasing Managers' Index (PMI) data, which provided fresh signals on global growth momentum and influenced early foreign exchange positioning.

Traders adjusted ringgit exposure in response to the US data print, with the currency finding support against key European and Asian peers.

The dollar pair remained stable, suggesting that the market's reaction to the US figures was balanced, with no immediate pressure for a sharp directional break in the USD/MYD cross.

The session's dynamics reflect the broader sensitivity of emerging market currencies to US economic indicators.

As global growth expectations shift, the ringgit's performance against major currencies serves as a barometer for risk sentiment and capital flows into Southeast Asia.