THE Australian dollar is slightly
lower with nervousness in the financial world ahead of banks opening in
Greece following the breakdown in debt talks.
At 0630 AEST on Monday, the local unit was trading at 76.33 US cents, down from 77.02 cents on Friday.
The talks between Greece and its creditors broke down last week after Prime Minister Alexis Tsipras criticised the International Monetary Fund for rejecting his reform proposals, which raised fresh fears that the nation could default and leave the eurozone. It’s feared there could be a run on Greek banks.
CURRENCY SNAPSHOT AT 0630 AEST ON MONDAY
One Australian dollar buys:
* 76.33 US cents, from 77.02 cents on Friday
* 93.63 Japanese yen, from 95.06 yen
* 69.33 euro cents, from 68.77 euro cents
At 0630 AEST on Monday, the local unit was trading at 76.33 US cents, down from 77.02 cents on Friday.
The talks between Greece and its creditors broke down last week after Prime Minister Alexis Tsipras criticised the International Monetary Fund for rejecting his reform proposals, which raised fresh fears that the nation could default and leave the eurozone. It’s feared there could be a run on Greek banks.
CURRENCY SNAPSHOT AT 0630 AEST ON MONDAY
One Australian dollar buys:
* 76.33 US cents, from 77.02 cents on Friday
* 93.63 Japanese yen, from 95.06 yen
* 69.33 euro cents, from 68.77 euro cents
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