THE Australian dollar is weaker against the greenback as the focus for global markets remains Greece’s debt emergency.
At 0630 AEST on Monday, the Aussie was trading at 74.20 US cents, down from 74.69 cents on Friday.
In the most recent developments in Greece, eurozone leaders set the debt-stricken country take-it-or-leave-it conditions for a desperately needed bailout deal as an exit from the single currency loomed ever larger.
Germany on Sunday pushed for a Greek “time out” from the euro if leftist Prime Minister Alexis Tsipras fails to agree terms for a three-year rescue plan worth up to 86 billion euros ($A127.4 billion).
CURRENCY SNAPSHOT AT 0630 AEST ON MONDAY
One Australian dollar buys:
* 74.20 US cents, from 74.69 cents on Friday
* 90.79 Japanese yen, from 91.00 yen
* 66.89 euro cents, from 67.35 euro cents
In the most recent developments in Greece, eurozone leaders set the debt-stricken country take-it-or-leave-it conditions for a desperately needed bailout deal as an exit from the single currency loomed ever larger.
Germany on Sunday pushed for a Greek “time out” from the euro if leftist Prime Minister Alexis Tsipras fails to agree terms for a three-year rescue plan worth up to 86 billion euros ($A127.4 billion).
CURRENCY SNAPSHOT AT 0630 AEST ON MONDAY
One Australian dollar buys:
* 74.20 US cents, from 74.69 cents on Friday
* 90.79 Japanese yen, from 91.00 yen
* 66.89 euro cents, from 67.35 euro cents
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