BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks 
ECB Keeps July Rate Options Open Amid Iran War Energy Price Risks 
BOJ Raises Interest Rates to 1% as Inflation Pressures Persist 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
China Sets 1.25% Overnight Reverse Repo Rate Below Market Expectations 
BoE Policymaker Alan Taylor Signals No Need for Interest Rate Hike Amid Iran War Inflation Risks 
RBA Expected to Hold Interest Rates at 4.35% as Markets Watch AUD/USD and ASX 200 
Bank Negara Malaysia's Governor Zeti has said this week that the ringgit's depreciation is 'manageable', that there is no need for a peg to the dollar, and that the central bank would seek to rebuild FX reserves. Currencies in Taiwan and Indonesia have also come under pressure.
"In Malaysia, even against the backdrop of better economic data, with a strong Q2 GDP print causing us to raise our 2015 growth forecast 50bp to 5.0%, the MYR depreciated almost 4% against the USD this week, and is down 14% YTD", says Barclays.
While Taiwan's central bank relaxed some macroprudential measures for the housing market, this is more likely a response to weaker growth than to market volatility.
