CURRENCIES: Euro Falls Vs. Counterparts As Greek Majority Rejects Creditors' Terms
July 05 2015 - 4:01PM
Dow Jones News
By Carla Mozee, MarketWatch
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.
The euro was down 1.2% against the dollar at $1.0979, according
to FactSet, after opening slightly above $1.10.
Against the yen, the shared currency was off 2% at Yen133.80.
The euro was buying 1.0360 Swiss francs down 0.9%.
If confirmed, the referendum's result will indicate there was a
larger-than-expected backing for the Greek government's position in
its stance against other European entities, as well as underscore
questions about Greece's future in the euro.
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