Arab Today, arab today euro up after greek vote on austerity package
Last Updated : GMT 11:48:08
Arab Today, arab today
Arab Today, arab today

Euro up after Greek vote on austerity package

Arab Today, arab today

Arab Today, arab today Euro up after Greek vote on austerity package

Tokyo - AFP

The euro rose to a three-week high against the dollar in Asia on Thursday, as concern over Greece\'s debt problems eased after its parliament passed an austerity package that will help it avoid a default. The euro rose to $1.4511 in Tokyo afternoon trading from $1.4429 in New York late Wednesday, topping $1.45 while the European unit edged up to 116.63 yen from 116.61 yen. The dollar fell to 80.34 yen from 80.80 yen. Greek lawmakers on Wednesday approved 28.4 billion euros package of spending cuts, unlocking a 12-billion-euro payout from the European Union and the International Monetary Fund. The funds represent the fifth tranche of a 110-billion-euro aid package agreed last year with the EU and IMF, and are needed for Greece to pay off its mammoth debts. Markets are still closely watching a second vote on the detail behind the measures that will take place later Thursday. \"Although the vote outcome came in line with expectation, the market is confirming risks to the euro stemming from the Greek debt problem are diminishing step by step,\" said Dai Sato, dealer at Mizuho Corporate Bank. \"Upbeat stock markets are also helping improve risk sentiment, lifting the euro against the dollar,\" Sato said. US and European stock markets took a cue from the news from Greece. Expectation for a rate hike by the European Central Bank at its policy meeting next week helped underpin the euro against the dollar, noted Yuji Saito, foreign exchange market director at Credit Agricole in Tokyo. European firms were also buying the euro to repatriate their overseas earnings halfway through the year, Saito told Dow Jones Newswires. The dollar was lower against other Asian currencies, falling to Sg$1.2288 from 1.2383 on Wednesday, to 1,068.35 South Korean won from 1,077.70 and to Tw$28.72 from Tw$28.89. It also retreated to 8,591.75 Indonesian rupiah from 8,617.50, to 30.71 Thai baht from 30.85 and to 43.36 Philippine pesos from 43.52.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today euro up after greek vote on austerity package Arab Today, arab today euro up after greek vote on austerity package

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today euro up after greek vote on austerity package Arab Today, arab today euro up after greek vote on austerity package

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today Ryanair's O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

Ryanair's O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday