Singapore, September 07 (QNA) - The dollar remained under pressure Monday despite rising expectations of a US interest rate hike, as tensions in the Middle East fueled concerns about widening inflationary pressures, potentially prompting central banks worldwide to tighten monetary policy.

Against a basket of currencies, the dollar ⁠fell 0.07% to 99.09, not far from its recent low of 98.558.

The euro was ​up marginally at $1.1618, while sterling was little changed at $1.3519.

The yen rose more than 0.2% to 155.88 per ​dollar, extending gains ​after Japanese Prime Minister Sanae ⁠Takaichi's economic adviser predicted that the Bank of Japan would raise interest rates this month.

In other currencies, the Australian dollar advanced 0.12% to $0.7208, while the New Zealand dollar held steady at $0.5880. (QNA