THE Australian dollar is lower after
early results of Greece’s bailout referendum pointed to a rejection of
fresh austerity demands from international creditors.
At 0630 AEST on Monday, the local unit was trading at 74.58 US cents, down from 75.84 cents on Friday.
With 50 per cent of ballots counted, more than 61 per cent of Greeks had voted ‘No’ in the controversial referendum that may trigger the country’s exit from the eurozone.
CURRENCY SNAPSHOT AT 0630 AEST ON MONDAY
One Australian dollar buys:
* 74.58 US cents, from 75.84 cents on Friday
* 90.95 Japanese yen, from 93.35 yen
* 67.75 euro cents, from 68.35 euro cents
At 0630 AEST on Monday, the local unit was trading at 74.58 US cents, down from 75.84 cents on Friday.
With 50 per cent of ballots counted, more than 61 per cent of Greeks had voted ‘No’ in the controversial referendum that may trigger the country’s exit from the eurozone.
CURRENCY SNAPSHOT AT 0630 AEST ON MONDAY
One Australian dollar buys:
* 74.58 US cents, from 75.84 cents on Friday
* 90.95 Japanese yen, from 93.35 yen
* 67.75 euro cents, from 68.35 euro cents
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