SINGAPORE Aug 29. TOKYO Aug 19.
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The central bank has so far favoured a gradual pace of tighteningNow with price pressures also broadening since the previous meeting a more aggressive rate hike of 50 basis points bps.
. Another leap in Malaysias consumer price index inflation is likely to prompt Bank Negara Malaysia BNM to tighten policy again in its next meeting. The dollar index rose 014 to 10763 after earlier touching 10772 its highest since July 18. The gauge is on track for a 186 rally this.
The US dollar climbed to a fresh one-month high against major peers on Friday as Federal Reserve officials continued to talk up the need for further interest rate hikes ahead of their key Jackson Hole symposium.
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