Add chicken, tossing to coat evenly.
Cover and refrigerate 8 hours or overnight.
Thread chicken strips onto bamboo skewers.
Broil or grill 4 inches from heat source 8 to 10 minutes or until chicken juices run clear.
Meanwile, combine yogurt, peanut butter and red pepper in small saucepan until smooth. Cook over low heat, stirring constantly until slightly thickened.
To serve, dip chicken into peanut sauce.
Makes 6 servings.