KUALA LUMPUR, May 9 — The ringgit opened higher against the US dollar, supported by positive sentiment following developments in trade tariffs between key global economies, including China and the United Kingdom (UK), said an economist.

At 8 am, the ringgit local note improved to 4.2715/2905 versus the greenback compared to Thursday’s close of 4.2780/2830.

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said there appears to be optimism that the trade talks between the US and China would yield positive results this week.

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