TOKYO, Jan 26 (AFP) : The euro touched an 11-year low against the dollar Monday after anti-austerity party Syriza swept to victory in Greece's general election, sparking fears of an exit from the eurozone.
The common currency was trading at $1.1174 after dipping to $1.1088 in Tokyo early morning trade, the lowest level since September 2003.
The euro had tumbled to an 11-year low of $1.1115 in New York on Friday, after the European Central Bank unveiled a vast bond-buying programme to try to kickstart the struggling eurozone economy.
The unit also fell to 131.39 yen in Tokyo Monday against 132.03 yen, while it slipped to 0.9833 against the Swiss franc, from 0.9876 on Friday.
Leftist party Syriza pulled off a historic win in Greece's election Sunday, becoming the first anti-austerity party in power in Europe.
The victory presents a new challenge to the debt-hit country's international bailout programme and has ignited fears about the possibility of Greece exiting from the eurozone.
Euro briefly sinks to 11-year low vs dollar after Greek vote
FE Team | Published: January 27, 2015 00:00:00 | Updated: November 30, 2026 06:01:00
Share if you like