The ringgit was traded slightly higher against the US dollar on mild buying interest from investors, a dealer said.

At 9.27am, the local unit was quoted at 3.0125/0155 to the greenback from Monday's 3.0130/0160.

The dealer said investors' interest were shifted towards the local currency following speculation that the US Central bank might trim its bond purchases sooner than expected.

However, the ringgit was traded mixed against other major currencies.

The local currency was sharply higher against the Singapore dollar at 2.3977/4011, from 2.4027/4057 yesterday, and rose against the yen to 2.9339/9374 from 2.9372/9404, on Monday.

The ringgit weakened against the British pound to 4.5892/5947, from Monday's 4.5801/5858 and depreciated against the euro to 3.8780/8825 from 3.8783/8828 yesterday.-- Bernama