LONDON- Emerging market currencies hit a fresh four-month low on Monday after a strong dollar and fears over the coronavirus spread hit many developing market assets.

The MSCI Emerging Markets Currency Index slumped 0.4% in its third straight day of declines.

The losses were widespread with Russia's rouble tumbling more than 2% against the dollar amid hefty falls in crude oil prices while South Korea's won and Mexico's peso weakened more than 1.2%.

(Reporting by Karin Strohecker; Editing by Tom Arnold) ((karin.strohecker@thomsonreuters.com; +442075427262; Reuters Messaging: karin.strohecker.reuters.com@reuters.net))