Yen Amid Concern About Greek Debt-Swap Outcome Bloomberg

rules, a financial firewall to protect indebted states and theproposed Greek debt swap. The Australian dollar retreated fromits highest level since November after a report showed producer-price inflation is slowing, providing scope for the Reserve Bankof Australia to implement a third consecutive interest-rate cut. “There is some nervousness around the negotiations thatare happening between Greece and its private sector creditors,with mixed reports,” said European officials and Greece’s private bondholders agreedin October to implement a 50 percent cut in the face value ofmore than 200 billion euros ($258 billion) of Greek debt byvoluntarily exchanging outstanding bonds for new securities,with a goal of reducing Greece’s borrowings to 120 percent of