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People walk past an installation depicting a barrel of oil with the logo of the Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan, November 19, 2024.

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China's yuan weakened to a two-week low against the dollar on Tuesday.

The ringgit opened higher against the US dollar and stayed on a firm footing, as lingering uncertainty over US monetary policy weighed on the greenback.

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The local currency climbs to 4.1795/4.2005, reaching levels last recorded on Oct 2, 2024.