Greek banks evaluate 30% haircut on deposits over €8,000 - FT

FXStreet (Córdoba) - According to an FT report Greek banks are preparing contingency plans for a possible “bail-in” of depositors that could see deposits above €8,000 haircut by at least 30%.

The haircut would take place in the context of an overall restructuring of the bank sector once Greece is back in a bailout programme, FT reports citing one person following the issue.

Dollar ends week higher against commodity and LatAm currencies

Despite falling on Thursday after the jobs report, the US dollar ended the week higher against commodity and also versus Latin American currencies. Risk aversion, a decline in stocks and in commodities weighed on the mentioned currencies.
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EU's Schulz: 'No' vote will force Greece to adopt new currency

The Head of the European Parliament Martin Schulz, speaking over the weekend to an with Deutschalndfunk, said Greece will have to introduce another currency if they vote 'No' (outcome supported by PM Tsipras' government) on Sunday.
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