THE Australian dollar is slightly
higher in cautious trade as traders wait for the outcome of the debt
negotiations between Greece and her international creditors.
At 0630 AEST on Friday, the local unit was trading at 77.39 US cents, down from 77.30 cents on Thursday.
The talks broke down this week after Greek Prime Minister Alexis Tsipras criticised the International Monetary Fund for rejecting his reform proposals, which raised fresh fears that Greece could default and leave the eurozone.
CURRENCY SNAPSHOT AT 0630 AEST ON FRIDAY
One Australian dollar buys:
* 77.39 US cents, from 77.30 cents on Thursday
* 95.66 Japanese yen, from 95.66 yen
* 69.07 euro cents, from 69.07 euro cents
The talks broke down this week after Greek Prime Minister Alexis Tsipras criticised the International Monetary Fund for rejecting his reform proposals, which raised fresh fears that Greece could default and leave the eurozone.
CURRENCY SNAPSHOT AT 0630 AEST ON FRIDAY
One Australian dollar buys:
* 77.39 US cents, from 77.30 cents on Thursday
* 95.66 Japanese yen, from 95.66 yen
* 69.07 euro cents, from 69.07 euro cents
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