Emerging Markets - Asian currencies oscillate within tight range; shares muted

JAKARTA (Reuters): Emerging Asian currencies were stuck in tight ranges on Monday, as the greenback received a boost from rising investor expectations of interest rates remaining higher for longer on the back of strong US economic data.

The Taiwanese dollar advanced 0.3%, paring back some gains made earlier in the session. It was on course for its biggest intraday gain in 13 weeks. The South Korean won , seen by analysts as a "high-beta” currency, dropped 0.2%.