The ringgit rebounded against the US dollar in early trade today, dealers said.

The ringgit was quoted at 3.1800/1830 to the dollar, from 3.1890/1920 at close yesterday.

A dealer said emerging Asian currencies were lifted by hopes that the US would not slow down its bond-purchase stimulus programme, despite weaker than expected retail sales in the country.

The local unit was lower against the Singapore dollar at 2.5192/5222 from 2.5154/5197 yesterday, but higher against the yen at 3.1816/1862 from 3.1951/1984 previously.

The ringgit was also lower against the British pound at 4.8002/8060 from 4.7985/8040 and dipped slightly against the euro at 4.1534/1580 from 4.1534/1576.-- Bernama