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Monday, 06 July 2015
New Zealand businesses should prepare for repercussions of a Greek debt default
11:26 | 6/7/15
He said the US dollar firmed while other currencies fell, although in an "orderly fashion". "The actual link with Greece is low but it's more about sentiment.
Euro slips, bonds rally on Greek upset
10:52 | 6/7/15
SYDNEY The euro fell sharply in Asia on Monday after polls suggested the Greeks had overwhelmingly rejected austerity measures demanded in return for bailout money, putting in doubt its continued place in the single currency.
Will Greece now leave the euro? Watch the money to find out
10:41 | 6/7/15
“Fiscal problems would become more acute; the government may be forced to issue IOUs, which effectively become a parallel currency to the euro. A new currency by the central bank of Greece is likely to eventually become necessary to inject both ...
Greek debt crisis: 'No' vote sends Australian dollar sliding to six-year low
10:30 | 6/7/15
The Australian dollar then lost around another cent as traders returned to their desks on Monday morning, after the Greek population resoundingly rejected the austerity measures proposed by the nation's international creditors as a condition of further ...
NZ dollar hits fresh lows after Greek vote
10:18 | 6/7/15
The New Zealand dollar advanced to 89.23 Australian cents from 88.58 cents on Friday ahead of Tuesday's Reserve Bank of Australia meeting.
Greek Vote Deals Blow to SNB as Swiss Franc Rallies Versus Euro
09:33 | 6/7/15
The franc strengthened in Asian trading after Greek voters in a referendum rejected austerity measures required for financial aid, boosting the allure of alternatives to the euro.
Greeks Vote "No" In The Sunday Referendum -- Euro Falls
09:22 | 6/7/15
With close to 90% of the votes counted, 61.5% of Greek citizens sided with the government proposal of “No.” In currency markets, the euro dropped more than one-percent. The result of the referendum had another casualty: New Democracy Party leader ...
Australian dollar drops on Greek 'no' vote
09:20 | 6/7/15
The Australian dollar has hit a six-year low as Greece rejected further austerity cuts in a bailout referendum. At 10.06am (AEST), the local unit was trading at US74.98c, down from US75.84c on Friday.
Germans call for Greece to leave the euro zone after 'no' referendum vote
09:11 | 6/7/15
Angela Merkel, Germany's chancellor, right, speaks as Alexis Tsipras, Greece's prime minister, looks on during a news conference at the Chancellery in Berlin, Germany, on Monday, March 23, 2015.
Dollar drops on early Greek results
08:48 | 6/7/15
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.
Greece turmoil sends Australian dollar below US75c for first time since 2009
08:48 | 6/7/15
Sydney Morning Herald
The Aussie dollar dropped below 75 US cents to a six-year low as the heightened risk of a Greek exit from the euro added to slumping commodity prices in spurring traders to sell the South Pacific nation's assets.
Euro tumbles as Greece heads for the exit
08:15 | 6/7/15
Markets are already reacting to Greece's rejection of Europe's latest bailout offer, and it's not pretty to watch. The euro fell sharply after early results of a referendum Sunday showed Greek voters said "no" to the offer, backing their left-wing ...
JPMorgan Says Greece Exit From Euro Now 'More Likely Than Not'
08:15 | 6/7/15
Wall Street analysts will be reexamining the odds on Greece's membership of the euro after voters used a referendum to balk at proposals for more spending cuts and tax hikes from its creditors.
Revamping Sierra Leone's public transport starts with 100 new buses
07:41 | 6/7/15
Sierra Leone Telegraph
Sierra Leone's public transport system has been fraught with many challenges and for a long time. Its infrastructure - roads, vehicles, human resource, sales architecture and maintenance paraphernalia were completely devastated during the country's 11 ...
Euro falls vs. counterparts as Greek majority rejects creditors' terms
07:30 | 6/7/15
The euro fell against its rivals in early trade Sunday as the first official projection from Greece's referendum showed 61% of voters rejected terms set forth by the country's creditors.
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