July 5, 2015 / 8:19 PM / 2 years ago

Euro falls as Greece votes 'No' to bailout package

A No supporter flashes a victory sign before a Greek flag atop the parliament in Athens, Greece July 5, 2015.Yannis Behrakis

WELLINGTON (Reuters) - The euro fell sharply on Monday after Greeks looked to have overwhelmingly rejected the austerity measures demanded in return for bailout money.

The euro EUR= fell about 1.4 percent against its U.S. counterpart to $1.0955 EUR=, and by 2.1 percent against the yen to 133.50 yen EURJPY=.

The dollar rose 0.6 percent to 122.05 yen JPY=.

The New Zealand NZD=D4 and Australian dollars AUD=D4 also fell as much as 0.8 percent in early trading.

The latest reports from Greece said around 60 percent of those voting in the referendum had backed the government and rejected the bailout conditions.

Writing by Gyles Beckford; Editing by Kevin Liffey

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