Tuesday, 14 July 2015

Australian dollar weaker after new Greece deal struck

THE Australian dollar is weaker against the greenback after eurozone leaders struck a last-minute deal with Greece on a new debt bailout plan. 
At 0630 AEST on Tuesday, the Aussie was trading at 74.08 US cents, down from 74.54 cents on Monday.

Eurozone leaders overnight inked the bailout deal to stop debt-stricken Greece from crashing out of the euro, forcing Athens to push through tough reforms in a matter of days.

After 17-hours of talks, leftist Greek Prime Minister Alexis Tsipras accepted terms set by his international creditors.

CURRENCY SNAPSHOT AT 0630 AEST ON TUESDAY

One Australian dollar buys:

* 74.08 US cents, from 74.54 cents on Monday

* 91.41 Japanese yen, from 91.68 yen

* 67.28 euro cents, from 66.66 euro cents

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