The Czech coruna is expected to gain almost 2 percent against the euro in the coming year as the Czech National Bank (CNB), Central Europe’s most hawkish, keeps raising interest rates to fight inflation, a Reuters poll predicted.
The Serbian dinar (RSD) will remain steady against the single currency on Tuesday, making the official medium exchange rate RSD 118.2437 for one euro, the National Bank of Serbia (NBS) said in a statement.
The krona rallied on Wednesday (Feb.13) after Sveriges Riksbank, the world's oldest central bank, held its benchmark repo rate.
China's currency was headed for its worst daily decline in over five months on Friday after newly-disappointing data out of the world's second-largest economy damaged risk sentiment and weighed on the Australian dollar.
Romania's national currency, the Leu (RON), weakened to an all-time low against the euro on Wednesday (Jan. 9), a day after the central bank (BNR) decided to maintain its benchmark rate unchanged.
The dollar fell to a one-week low on Tuesday as investors awaited the U.S. Federal Reserve's decision on interest rates.
The Russian currency -the ruble- weakened to its lowest since mid-November on Monday as geopolitical concerns made investors nervous.
India and Japan inked a $75 billion bilateral currency swap agreement during Prime Minister Narendra Modi’s ongoing visit to Tokyo, the Indian government announced on Monday.
The pound hit a four-month high versus the euro on Tuesday and added to gains against the dollar on Wednesday as markets digested media reports that EU and UK authorities could reach a Brexit deal as early as next week.
