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.
There was a notable rise in the euro on Monday after European Central Bank (ECB) President Mario Draghi claimed that underlying inflation is set to rise in Europe as a result of a tightening labour market.
Escalating trade war concerns and higher U.S. interest rates have pushed an index of emerging currencies almost 7 percent lower this year, according to Reuters.
The Argentinian peso lost 20 percent in value against the dollar in just two days.
The Turkish lira tumbled nearly 5 percent against against the U.S. currency on Monday as markets reopened after the week-long Muslim public holiday of Eid al-Adha.